58 Fifth Street

Bicton WA 6157

58 Fifth Street is truly is a rare opportunity for a double block size of prime real estate in Bicton. This property is a wise investment choice and the Buyer will without a doubt reap the benefits now and into the future due to the lifestyle Bicton has to offer. Perfectly positioned on 1068 square meters of land with a street frontage of 22.4 meters. The ground work has already been done for you with pre-approval to sub-divide already in place subject to Survey-Strata Plan and is valid until 1st April 2024. (document available on request)The original 1950's cottage with two bedrooms plus a studio or 3 bedroom is currently tenanted for those wanting to invest now and build later. Featuring: - 1952 Cottage with 2 beds, 1 bath and a studio or 3rd bedroom- Level 1068sqm block with a 22.4m frontage- Zoned R20 - Suitable for subdivision to create two blocks (STCA)- Outstanding rebuild, development or renovation potentialLifestyle in Bicton:Only a 3 minute drive or short walk to the iconic Bicton Baths Reserve (Swan River)A quick 10 minute drive and you're in the City of FremantlePoint Walter Golf CourseEast Fremantle Cricket Club Blackwall Reach ReserveSchools:Bicton Primary School Our Lady of Fatima SchoolMel Maria Catholic Primary School - St Joseph Pignatelli CampusSanta Maria College Melville Senior High SchoolProperty Details:Lot: 476Plan: 4549Volume/Folio: 1164/433Local Council:City of MelvilleImportant information:Council - $1642.48 per annumWater - $1083.39 per annumLand - 1068 m2Zoning - R20 This property is currently tenanted on a periodic lease at $500 p/week. Call Georgia Vasiliou 0404 903 669 for further information on this amazing opportunity in the heart of Bicton!