You choose! Either secure this home to renovate as your large family home, or, with R60 zoning, this is a rare opportunity to cash in on the huge development potential of this well-located land holding within the increasingly popular Midland precinct (Subject To Council Approval) You can choose to retain, renovate and enjoy a large family home on a massive block with enough room create nice lawns, garden areas, a pool and workshop. Alternatively, you could retain the home and build a further 2 or 3 homes at the rear or demolish and build a funky new multi-level residential complex. This 1948 built classic Italian style brick and tile home is sold in an “as-is” condition and sits on a 1012m block with a frontage of 20.1m and depth of 50.3m, giving you options galore! The R60 zoning allows a minimum lot size of 120sqm and an average lot size of 150sqm. Astute developers will consider this as the perfect site to develop up to 6 designer townhouses or more with a 3-storey height allowance, (STCA), each designed over 3 levels with double garage, 3 bedrooms, 3 bathrooms study nook, separate studio, kitchens with sculleries and island benches, ground floor courtyards and multiple balconies. (Concept plans are available) Another option could be to seek council approval for a change of use to “Mixed Use” zoning and potentially build commercial units at ground level and residential above. Council may also consider requests to allow developments as part of the Discretionary Use Policy. This may allow submissions for Childcare, Consulting rooms, Aged Person Dwellings, Place of Worship or Place of Recreation, as examples, all subject to council approval The current residence is a 1940's brick and tile home with a versatile floor plan offering 4 large bedrooms, formal living/5th bedroom, kitchen/meals, separate dining, 1 bathroom and laundry. For those that are looking forward to a "renovation" project, the home has appealing period features that could spring to life with a makeover to highlight the character and create a fusion of old and new. These include the high ceilings, jarrah floorboards hidden under existing floor coverings, the large size of all the rooms, some with decorative ceilings and the easy flow floor plan with central hallway dividing the multiple bedrooms. There will be some work required to repair some of the internal rendering, but this could be insignificant in comparison to building a home of this size again. At the rear of the home you have multiple small sheds, an outdoor kitchenette, workshop or potential games room or studio and tandem garage parking for two cars. Beyond this there is a huge flat garden section for anybody wanting to potter around growing their own fruit and vegetables or perhaps build a Granny Flat for family members. The home sits on flat terrain and has a 4.5m side driveway access from the front of the home to the rear. The location is ideal, with the CBD only 19km away and positioned close to Midland Gate Shopping Centre, the Swan Valley, the old Guildford town centre, Guildford Grammar plus a selection of other private and public schools including Governor Stirling Senior High, Midvale Primary, Woodbridge primary, Swan Regional Recreational park, Midland hospital and Midland train station and public transport practically at your doorstep. Key Features: Sold “As – Is” Retain and renovate the home or Develop 1012sqm total land – Width 20.1m – Length 50.3m Zoned R60 – Potential for 6 lot site or more with 3 storey height limit (Subject to Council Approval) Flat Terrain Existing solid 1940's home – high ceilings, jarrah floorboards, 4/5 bedrooms, 1 bathroom, kitchen/meals, dining, family room, two car garage plus on-site parking for extra cars, workshop 19km to City Close to multiple Shopping and Café Precincts, sporting clubs, quality schools, Swan Valley and close to bus and train transport Located in City of Swan **Whilst every care has been taken in the preparation of this advertisement, we advise all prospective purchasers to make their own enquiries on all relevant matters and check with the local authorities to verify the above information.
Email enquiry to Mark Hay - East Perth
Property ID: 146022540