This is an exciting opportunity to develop a substantial parcel of land in a super convenient central location.
373 Wanneroo Road, Balcatta has a high "Walk Score" and very good "Transit Score" so developers will immediately realise the true value this opportunity represents with so many shopping and public transport options right on your door step!
The R40 zoning could yield this site a four villa/townhouse development (subject to council approvals) or developers may want to explore an over-55s development which could allow the opportunity for more than four dwellings given the planning concessions that are available for over-55s developments.
This prime site is level with dual street frontages and a "developer friendly" main sewer junction located in the back corner of the site.
A 1960s 3 bed, 1 bath home on the site could provide a holding income during the planning and building permit process.
Invest now and reap the rewards with this large land holding in a super convenient location in a well-established suburb that continues to grow and develop.
- Close to Schools
- Close to Shops
- Close to Transport