122 Palmerston Street

Perth WA 6000

Absolutely all offers are to be presented by Monday 4th November 2024. The Seller reserves the right to sell prior without notice.This prime corner block in Perth 6000's best residential pocket presents an incredible opportunity to either renovate and re-create this 1970's home, or consider redeveloping the site into multiple lots. With two street frontages plus a lane way, the potential to maximise the site and create something special in the heart of the inner-city mustn't be overlooked.SPOTLIGHT / 579 sqm / Zoned Residential R50/ Green Title block/ Prime street in excellent location - opposite Robertson Park Tennis Centre, walking distance to Hyde Park, Northbridge and the Perth CBD/ Substantial house with superb 1970's details/ Room to renovate or lease out whilst undertaking design and build plans/ Corner block facing Palmerston Street and Brisbane Street, plus Shule Lane on the eastern side/ Option to redevelop into multiple lots, subject to approvalsInside, the property provides all the hallmarks of a classic West Australian 1970's home. Mission brown bricks, copper details, feature tiles and a sunken lounge set the stage for a home with a bright future. Access to light is easy via two street frontages, including the length of the block facing North. If you've been wanting to live in this pocket, but didn't want to compromise on space, then this is the block for you.Alternatively, the potential for this site is incredible, with scope to design and build multiple homes with northern light, city views and direct access to Perth's many lifestyle attractions. Fully fenced, the property features generous outdoor space and a large garage.Please note the property is being sold in an "as is" condition. We anticipate strong interest and encourage buyers to act promptly.RATESCouncil $2,244.22 paWater $1,449.24 pa