Prime Development Opportunity with Immediate Income
Positioned on a generous 1026sqm R30-zoned lot, this four-bedroom, one-bathroom property presents an outstanding opportunity for developers and astute buyers alike. Offering a solid rental return in its current form with a current lease in place, the home provides holding income while you plan and prepare for future redevelopment.
The north-facing backyard enhances livability and long-term design potential, while the location truly sets this property apart - less than 500 metres to the town centre and under 900 metres to the pristine shores of Geographe Bay. Opportunities in such a tightly held and highly desirable pocket are increasingly rare.
With zoning that may allow for the potential development of up to three dwellings (subject to relevant approvals), this is a genuine "no-brainer" for those looking to maximise land value and future income streams.
Whether you're a developer, investor, or forward-thinking buyer, this is a property that delivers location, land size, and long-term upside in one compelling package.
Call Aidan Fraser Today On - 0437 195 730
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