464 Kalamunda Road
High Wycombe, WA 6057

Overview

Prime Block R25/60 with endless potential and High Exposure

Positioned along the busy Kalamunda Road, this substantial 839 square meter parcel of land offers a unique opportunity with its favorable R25/60 zoning. This zoning provides flexibility and potential for various development options, making it ideal for developers, investors, or buyers with a vision. The property allows for multiple possibilities including retaining the existing home, renovating, leasing, subdividing, or redeveloping, subject to council approval.

The existing residence, built in the 1950s, features three bedrooms and one bathroom. The layout includes separate lounge, dining, and kitchen areas, complemented by an additional alfresco and laundry space that opens onto a spacious patio. The outdoor area is surrounded by established trees and boasts a large backyard, providing a private and serene environment. The home is filled with charm and character, having been lovingly maintained by the same family since 1950. However, it is important to note that the property requires renovation and is not a move-in ready home.

• Renovate the existing home and enjoy the benefits of a larger block close to local amenities.
• Retain the current dwelling and build additional structures at the rear, subject to council approval.
• Clear the site to maximize development potential, with the possibility of creating up to four lots, subject to relevant planning and shire approvals.

Additional benefits include a wide frontage of 20.83 meters, excellent accessibility, and high visibility, which could be advantageous for a home business or future mixed-use development, subject to approvals.

The property is offered on an 'as is' basis, presenting a straightforward opportunity for buyers ready to embark on the next chapter. This expansive block with flexible development potential is situated in a high-exposure location on Kalamunda Road. The original three-bedroom, one-bathroom home offers renovation or rental appeal, with multiple exit strategies available for investors and developers.

Disclaimer: Any references to subdivision or development potential are subject to approval by the relevant local authorities. Prospective buyers are advised to conduct their own due diligence and make enquiries with the appropriate governing bodies and authorities.

Location