Virtual Tour

83 Sussex Road, FORRESTFIELD WA 6058


Virtual Tour is not available for this listing.

SOLD - The Ultimate Investment!
Sold

83 Sussex Road, FORRESTFIELD WA 6058

$429,000

Property ID: L3637003 | House

3 Bed
1 Baths
2 Car Spaces
1034 sqm

Description


This property is the ultimate investors dream, a 1034sqm neat, flat rectangular block zoned R25/40 and located in the heart of Forrestfield. Complete with a neat 3x1 home and a colossal powered workshop/shed! Plus there are so many possible money making options to explore here today that your wealth will be protected into the future.

Strap in, grab your calculator and a coffee, lets have a look at the overview.

Option 1 - keep it for a while to occupy or rent out. The original 1960's home is in great condition, with big bedrooms and character, solid Jarrah floorboards throughout. Boasting side access through to THE BIGGEST powered shed you've probably ever seen in the suburbs!

Options 2 and 3 - Utilize the R25 zoning to create a brand-new rear block you could sell as-is, or build on it and sell, while retaining the existing house to be rented, sold, or lived in. Just recently a brand new 3x2 rear house at number 79 Sussex sold for $460,000 which gives you a good idea about what's possible!

Option 4 - Still utilizing the R25 zoning you could knock the house down and build two side by side street frontage green titled properties like they've done next door at number 85 Sussex Rd.

Option 5 - Talk to the shire about unlocking the R40 zoning. This would allow for an average block size of 220square metres, so you could easily fit 4 blocks on the site, or build 4 houses. There are even ways to do more if you went for over 50's residences and utilised the 1/3rd density bonus!

Option 6 - apartments!?!
This is a new untested area for Forrestfield, and it might be worth holding off until the market has well and truly kicked back in, but if you unlock the R40 zoning it is technically feasible to build some very nice apartments on the site. One option to explore, among others, is 6 x 100 square metre apartments. Talk to the planners at the City of Kalamunda, or we can set you up a meeting with a sub-division expert if you would like more details on how this could be achieved.

For more information please contact 9475 9622

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Features


Property Location

Inspection Times

No Inspection Time Yet

Auction Time

No upcoming auction yet

Similar Properties

Sold
$195,000

Attention all first home buyers, downsizers and investors!

D209/25 Herdsman Parade, WEMBLEY WA 6014

Details
2 Bed
1 Baths
0 Car Spaces
52 sqm
$250.00 Per week

Close to the Perth city Studio apartment in large quiet complex

31/169 Great Eastern Highway, BELMONT WA 6104

Details
1 Bed
1 Baths
1 Car Spaces
$330.00

Neat and tidy 2X1 Villa

8/23 Helm Street, MADDINGTON WA 6109

Details
2 Bed
1 Baths
1 Car Spaces
290.00 Per Week

Renovation!!! Renovation!!!

47 Smiths Avenue, REDCLIFFE WA 6104

Details
3 Bed
1 Baths
2 Car Spaces
1014 sqm
$360.00 Per Week

GREAT SECURITY!

41 Anderson Road, FORRESTFIELD WA 6058

Details
3 Bed
1 Baths
2 Car Spaces
703 sqm
360.00

3 bedroom 1 bathroom Villa!!!

17A Corrigan Way, GREENWOOD WA 6024

Details
3 Bed
1 Baths
2 Car Spaces
$380.00

UNDER APPLICATION!!!!

22 Conifer Street, MADDINGTON WA 6109

Details
3 Bed
1 Baths
1 Car Spaces
$480.00 Per week

Modern Villa Living!

1/50 George Street, MIDLAND WA 6056

Details
3 Bed
2 Baths
2 Car Spaces
$380.00 Per week

UNDER APPLICATION!!!!

112 Bickley Road, BECKENHAM WA 6107

Details
3 Bed
2 Baths
2 Car Spaces
$400.00

UNDER APPLICATION!!!!

8 Sandalwood Street, MADDINGTON WA 6109

Details
3 Bed
2 Baths
0 Car Spaces
$380.00 Per Week

Convenient Location!!!

15 Dupre Lane, LATHLAIN WA 6100

Details
3 Bed
1 Baths
1 Car Spaces
$410.00

FANTASTIC VALUE!

26 Harris Street, CARLISLE WA 6101

Details
3 Bed
2 Baths
2 Car Spaces
307 sqm