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Residential
Lot, 1521 Matison Street, Southern River, WA, 6110

Property details

  • Property ID:
    17842
  • Offer to Purchase :
    Contact Agent
  • Area:
    3.97 hectares (*approx)
  • Type:

    Residential: Greenfield / Land Site

  • Development Potential:
    Raw Development Opportunity (STCA)
Agency information
Patrick Wee

Overview

OFFER TO PURCHASE - STRATEGICALLY LOCATED 3.97HA CORNER PROPERTY IS IDEAL FOR STANDALONE LAND SUBDIVISION WITH HOLDING INCOME.

  • Developed residential lots nearby-
  • Currently tenanted at $20,800pa
  • Ideal for small/medium land developer

Superb 9.8 acres mostly cleared site is currently zoned 'urban deferred' under Metropolitan Region Scheme, is situated nearby developed residential lots. Being a corner lot it is ideal to apply for standalone scheme amendments and structure plan with WAPC for subdivision.

The property is currently tenanted with holding income, It comprises of a 1 bedroom b/t home and a separate sleep-out.

Currently it's It being rented out as a horse property with 10 individual brick stables plus 4 other stables with tack room and numerous paddocks. 

It is suitable for small/medium size land developer.

For price guide contact the Exclusive Agent at Equity Focus.

Remember to mention you found this property on DevelopmentReady.com.au

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