354 Keirnan Street

Mundijong WA 6123

This is one for the Investors and small developers out there. Price just reduced. Magnificent 5 acre lifestyle and horse property just on the outskirts of the Mundijong Town Centre with residential development potential. Urban Zoning is already in place. Could be rented at around $500 per week so the income is better than buying two smaller rental properties and the potential capital gain is much greater. Property is already zoned Urban and is near the new Whitby Estate as well as proposed residential development. SCHEME WATER is attached to the home which could be 3 bedrooms or 4 bedrooms depends how you want to use the attached granny flat that is under the main roof. Country style kitchen and meals area, living area/dining area. Master bedroom has ensuite and minor bathroom is connected to laundry. Built in cupboards, wood heating, wrap around verandah's, that can be made secure for all your storage needs. Sit outside and overlook your beautiful gardens enhances the overall package and we haven't even got to the outside yet. 7 x Paddocks with feed, 2 x stables , feed shed, stock/round yard , some reticulation to the paddocks, 1 bore, and more shed space than you can poke a stick at! On top of the shed space there is room for dozens of cars and trailers or horse floats etc. Residential development is approaching and our discussions with local town planners suggest the property has potential in the longer term for over 30 residential lots. Subject of course to planning approvals. Rare to find a property with some long term development potential already within walking distance of town and the price is great. Will be open by appointment only. So don't delay contact Mike Dunsmore 0413754110 to inspect.