90 Alexander Road RIVERVALE WA 6103
$659,000

SUMMARY
986SQM DEVELOPMENT BLOCK WITH R20/40 ZONING and LONG TERM PRIVATE TENANT!
PROPERTY DETAILS
Price
$659,000
Listing Type
Residential For Sale
Property Type
House
Bedrooms
3
Bathrooms
1
Method of Sale
For Sale
DESCRIPTION
You have so many options here with this home on a large development block.

This is the perfect opportunity for smart investors looking to buy-in at this opportune time in the property cycle. What makes this home so unique is that is it the last of the "tri-fecta" development blocks, the essential combination which ALL developers look for - that is:

1. Large block,

2.Development ZONING and

3. A HOUSE on the block (for rental income or living!).

This Alexander road block nails all 3 essentials for rewarding property investment and is your opportunity to make a valuable addition or start to your property portfolio.

The home on the block is currently tenanted but would also make a lovely home for couples or a small family who might want to develop at a later stage, or simply want a very large outdoor space for their pets!

The property is suitable for 2 development strategies:

1 . Retain front property (to live or rent out) and build a house at the rear of the property.

2. Build 3 large ~150sqm, 3 bdrm houses (plans available)

This is prime development real estate, well positioned for capital growth and available and priced for you at this opportune time in the cycle!

Don't miss out on this opportunity to make your best strategic investment.
INFORMATION
New or Established
Established
Garage spaces
4
Land size
986 sq m
MORE INFORMATION
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