342 Grand Promenade

Dianella WA 6059

Built over 60 years ago by the current owners this neat residence positioned on a HUGE 933m2 land parcel has been filled with incredible memories, hosting some spectacular backyard cricket games, fierce football matches, birthday parties and many Xmas, Easter and family celebrations. As much as they would like to continue these traditions it is now time for another chapter to open and their much-loved home to be re-invented by the next owners.With the future in mind the City of Stirling recently re-classified many of the streets surrounding Dianella Plaza to allow for further infrastructure to be created and satisfy community needs.This property now falls within the "Dianella Centre Special Control Area and zoned Residential R-AC3" opening a wide range of mixed-use development opportunities including commercial and multi-level residential dwellings (subject to approvals by relative authorities)What are your options with this extremely rare opportunity?1) A growing family wishing to position themselves on the fringe of the inner city can easily renovate this solid 4 bedroom, 1 bathroom home and enjoy being minutes to schools, cafe's, shops, transport and parklands2) Astute investors could easily rent this neat residence and hold as land parcels this size only become harder to secure in the future 3) Business owners looking to purpose build and create a position in this super high-profile location can make the most of the new zoning regulations4) Developers seeking their next project to have such a wide scope to be creative in use and design all adding to the ability to maximise returnsHow can you secure this opportunity?The property is set to be Auctioned onsite, Saturday 2nd October 2021 @ 10.30am (Unless sold prior)Deposit - $25,000Settlement - 30 or 45 days Property is being sold in an "as-is" condition.Disclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.