1 Elvire Street MIDLAND WA

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SUBDIVISION POTENTIAL - AWESOME LOCATION
Now is the time to invest for the future and prosper with Financial Return!

Nestled within 150 metres of the Midland Gate Shopping Centre, City of Swan Administration Building, New Curtin University Building, Midland Health Campus, and more lies this beautiful property no 1 Elvire Street in Midland. This block boasts a 926sqm property with an R20 Current Zoning and previous Subdivision Approval ready to create 2 Big Large 450m2 properties.

Elvire Street is a family orientated street with a multitude of long term owners residing which in turn offers safety, security, and familiarity to the new buyers. This property is an absolute No Brainer for a new developer or first home buyer.

Being a block of this size in this prime location near the heart of Midland, the site offers 2 potential financial growth strategies.
1. Retain existing house and complete the existing subdivision approval ready to capitalize on some quick returns.
2. Remove existing house and build 2 beautiful new properties on 450m2 blocks with the option to sell or retain both.

Characteristics of this beautiful property include house and land on a 926m2 block currently Zoned R20 with previous subdivision approval - currently suitable for 2 Beautiful 4 x 2 Homes. Short walk to Midland shops, walking distance to bus stop and train station, 15 minutes from Perth Airport, 25 mins to Perth CBD, Guildford Grammar School nearby, existing R.O.W to access rear property. The rear of this property backs onto a forever reserve.

There is a sitting tenant who is very keen to stay on.

Call today for more details.
Features
  • Air Conditioning
  • House
  • 926 sqm
  • $ 342,000

Agent Details

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