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House

12 Crestview Crescent Kalamunda, WA 6076

Sold on 7 Jul 2017
  • 8 Beds
  • 5 Baths
  • 4 Cars
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House in Kalamunda

Residential Development Opportunity

  • 8 Beds
  • 5 Baths
  • 4 Cars

Attention all astute buyers in the market - Do not miss this A1 opportunity in virtually the heart of Kalamunda.
In terms of a development opportunity it just doesn't get any better than this.
Consider the advantages of this property and the options that follow:
The Land Area - A huge 5655 sqm of mostly level land in a near to town location. This property has 2 street frontages, one to Heath Rd (approximately 32.19 m) and another to Crestview Crescent (approximately 43.8m)
Currently zoned R10 and available for immediate development - in addition this property is proposed under the Kalamunda Local Housing Strategy to be rezoned to R20 this will of course increase the density substantially.
The House - Currently tenanted - A large home of substantial proportions in total the house has 8 bedrooms, 5 bathrooms. There are various living areas and the house is ideal for either a very large home or uniquely a multi generational home as it is able to be sectioned off into 3 independent living units. There is parking undercover for 4 vehicles, there is also a large separate workshop building. The house and buildings are located on the far southern boundary of the property which allows for maximum subdivision of the rest of the property.
Options
Subdivide now - Under current zoning laws and subject to council approvals the land area allows for a total of 5 lots including the House lot.
Subdivide partially, retain the balance and subdivide the balance at a later date once the proposed zoning is adopted (subject of course to the zoning being changed - buyers to make investigations with kalamunda Shire Council)
Hold the property now and subdivide the property in its entirety later
Retain the house only and sell off the excess land
Either way this is a home and property with lots of options - more details will be provided on request and a private inspection of the house is possible with suitable notice.

Parking:

2 garage spaces and 2 carport spaces

Bedrooms:

8

Bathrooms:

5

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Suburb

Kalamunda

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