375 Walcott Street

Coolbinia WA 6050

Seize the opportunity to acquire this R60 zoned property with options galore on 455sqm of land within this Town of Vincent Transit Corridor. If you are looking to make the most of the R60 zoning then the added benefit of a sealed Right of Way (ROW) in conjunction with the Town of Vincent's Built Form Policy will provide you a host of development options here. Whether you are looking to develop immediately or secure your future with your next investment you will have the added BONUS of acquiring this solid 3 bedroom home that is currently tenanted until March 2020 to ensure you will be able to maximise your development options here. For specific Development guidelines please refer to the below link from the town of Vincent Webpage that provides guidance with respect to Design Principles and Local Housing Objectives for development opportunities in this Transit Corridor: https://www.vincent.wa.gov.au/documents/730/711-built-form. In particular, Section 4 will offer the general developmental guidelines and Table 4 will provide a snapshot of potential building heights and development opportunities potentially avaiable. Specific Property Features Include:- Spacious and solid 3 bedroom 1 bathroom home- Open plan kitchen/dining room plus separate lounge room- Great sized alfresco entertainers deck at rear of home- Fully fenced yard, with electronic gate to front of house and parking options- Air-conditioning options & Security screens - Garage/shed to rear with direct access to ROW- Currently tenanted at $500 per week until March 2020 with tenant willing to continue pending potential new owners development timeframes- 455 sqm of land ZONED R60- Sealed Right of Way (ROW)- Positioned on the Border of North Perth within the Town of Vincent Transit Corridor