45 Barnsley Street
Queens Park, WA 6107

Overview

PRIME 769SQM R30 SITE - DEVELOP DUAL STREET FRONTAGE & IMMEDIATE CASH FLOW

Unlock the potential of this classic 1960-built residence featuring 3 bedrooms and 1 bathroom, situated on a commanding 769 square meter block zoned R30. This property offers a versatile opportunity for renovators, developers, or investors seeking a high-yield site in a desirable location.

The property is currently occupied under a periodic tenancy, making it an ideal investment scenario. It is sold on a 'Sold as is, Where is' basis, allowing the buyer to retain existing tenants for immediate rental income while finalizing development approvals or architectural plans. The property can be purchased with tenants in place or with vacant possession at settlement, subject to relevant Council and Western Australian Planning Commission approvals.

Several development options are available:

• Dual Street-Front Subdivision (Side-by-Side): Utilize the rare dual street frontage to create two independent street-front lots of approximately 385 square meters each, perfect for two modern, high-spec homes with separate addresses and no shared common property or driveway.
• Retain and Build Strategy: Keep the existing 1960s character home and renovate to add value while subdividing the rear portion of the block. This allows for immediate rental income from the front residence while constructing a second dwelling at the rear.
• Battle-Axe Duplex Development: A traditional front-and-back subdivision layout featuring a shared driveway access, providing privacy for the rear residence and maximizing land utility.
• The Forever Home Estate: Utilize the full 769 square meters to build a substantial, luxury family residence with ample space for a sprawling floor plan, swimming pool, large workshop, or expansive landscaped gardens.
• Multi-Generational Living: Design a main house and ancillary dwelling (Granny Flat) setup, ideal for families seeking to house multiple generations on one title while maintaining separate living quarters.

This property represents a rare find in a tight market, offering a significant land holding in a quiet residential street with dual frontage opportunities that are seldom available. It provides a strategic foothold in a suburb positioned for long-term desirability.

Location and Lifestyle Highlights:

• Approximately 2.5 kilometers to Westfield Carousel, Western Australia's premier shopping and entertainment precinct.
• About 10 kilometers to Perth CBD and 9 kilometers to Perth Airport, convenient for city professionals and FIFO workers.
• Close proximity to St Norbert College, Queens Park Primary School, and only 6 kilometers to Curtin University.
• Nearby recreational facilities including Cannington Leisureplex, Maniana Park, and local walking trails.
• Minutes from local medical centers, shops, and veterinary clinics.

With the combination of immediate rental income, dual street access, and a prime R30 land component, this property offers an exceptional opportunity that will not last long in the current market.

Disclaimer: The information provided is for general purposes only and is based on details supplied by the seller. It may be subject to change and no warranty is given as to its accuracy. Interested parties should conduct their own inquiries. Some images may have been edited for illustrative purposes. Any development or subdivision potential is subject to all necessary approvals from the City of Canning and the Western Australian Planning Commission, with no guarantee of success.

Location