7 Harborne Street,
WEMBLEY

FANTASTIC OPPORTUNITY!

Secure your piece of this dynamic suburb and you choose the future of this RARE development site! Situated on the border of the sort after suburbs of SUBIACO and WEST LEEDERVILLE you will enjoy the benefits of owning such a property so close to the hub of entertainment, sport, lifestyle, business and pleasure!

The current zoning along with its future development potential provide the astute buyer a canvas to create a unique diverse development. In the mean time you could live comfortably in the existing neat 3x2 home and enjoy the location for yourself or rent out for approx $650+/week.

This area is destined to undergo significant change, with continued/potential redevelopment along Cambridge St between the Wembley & Leederville Cafe strips comprising apartments and commercial premises such as restaurants, shops, caf????s and bars.

Property Profile:

Block size ?? 559sqm

Zoning ?? R40/R60

Side laneway access

Very neat 3 bed 2 bath home

Lounge, dining, family, large garage/workshop

It is our opinion that the above site is suitable for development options as follows:

1. 1 single residential dwelling

2. Up to 2 single or double storey grouped dwellings

3. Potential for a multiple dwelling, 2 storeys??, potential for up to 6 units comprising of 2 and 1 bedroom units. Amount of units will depend on the m2 floor area of each.

(Based on zoning confirmation received from the Town of Cambridge 08-04-2014, this advice should not be relied upon before seeking your own confirmation from your local council. Any approvals subject to the relevant applications being made to the Town of Cambridge and or Western Australian Planning Commission)

COUNCIL RATES: $1425.02 p/a

WATER RATES: $961.75 p/a

APPROX RENT: $650+/week

DISTANCE TO:

Perth CBD - 3kms

Subiaco Caf?? Strip ?? 650m

Leederville Caf?? strip ?? 2kms

Subiaco Train Station - 600m

Call for any further information.