DEVELOPERS DREAM WITH CITY VIEWS ! Nestled in one of Bedford's most desirable streets, this rare 984m² rectangular block, with 20.12 metre frontage, zoned R25 offers an exceptional opportunity for the astute buyer. Enjoying street-level city views, this property provides a range of exciting development options. For those looking to capitalize on the land, demolish the existing home and create two street-front lots or build two magnificent homes to suit modern lifestyles. The large block size offers the flexibility to pursue these options and more, making it a highly desirable estate. The existing home is in good condition, featuring an updated kitchen and bathroom and is leased until November 2025, offering stable rental income while you plan your next move. Whether you choose to hold, renovate, or redevelop, this property is full of potential! THE EXISTING HOME 3 bedroom, 1 bathroom home featuring high ceilings and freshly painted interiors. The updated kitchen boasts ample cupboard space, providing the perfect setup for those who love to cook. The renovated bathroom offers a stylish and practical design, while the home is equipped with 2 split-system air conditioning units to ensure year-round comfort. With jarrah floorboards throughout, the home also includes a separate dining and lounge area, offering versatile living spaces for relaxation and entertaining. Plus, the added convenience of 2 toilets ensures practicality for busy households. PS : The home is currently leased until 21st November 2025 at $650 per week and will be sold 'AS IS' condition. OPTION 1 Renovate/extend the existing solid brick and tile home and convert the massive backyard to suit your personal style. OPTION 2 With tenants wanting to stay long-term, add it to your investment portfolio and collect a rental income whilst planning your future development. OPTION 3 Demolish the existing home and create two street-front 492m2 lots (subject to WAPC approval) OPTION 4 Build two street front homes on 492m2 lots. OPTION 5 Demolish the home and build your dream family home on a large 984m2 block. Only minutes from the city and close to a wide range of amenities, including schools, parklands, public transport and shopping centre hubs, this location provides the ultimate in convenience and lifestyle. DISTANCE TO : • Perth CBD : 5.7km (10 mins) • Bayswater Train Station : 1.7km (3 mins) • Galleria Shopping Centre : 2.6km (6 mins) • Chisholm Catholic College : 650 metres (1 minute) • Beaufort Park/Playground : 550 metres (1 minute) • Hillcrest Primary School : 1.2km (2 mins) • Meltham Train Station : 1.3km (3 mins) These opportunities don't present often, so don't miss out on this rare chance to secure a prime piece of real estate with endless possibilities! Call Nicole Newman now to submit your offer.
Email enquiry to Newman Realty WA - Morley
Property ID: 147239460