A rare opportunity has presented itself to purchase a property that offers Options Galore to the new owner!
This 378sqm site has a renovated Heritage Listed house positioned at the front of the site that is currently being used as an office. It has 5 rooms, a toilet and shower with parking at the back for upto 4/5 cars.
The site offers the option to later develop and build office or residential at the rear of the property. The current owner has had plans drawn up (but not approved) for 270sqm of additional office space. Residential development options are also available and with Central TAFE nearby, rental demand would be strong.
It offers an outstanding opportunity to buy in a location due to benefit from the renewal of Northbridge. With the sinking of the railway now underway as part of the Perth City Link Project and Northbridge due link up with the Perth CBD, property prices in this area are sure to benefit.
The current owner is also prepred to consider a lease back arrangement for up to 18 months if required.