Virtual Tour

1 Hood Street, FORRESTFIELD WA 6058


Virtual Tour is not available for this listing.

SOLD - Developers Mega Deal (or Very savvy first home opportunity)
Sold

1 Hood Street, FORRESTFIELD WA 6058

$365,000

Property ID: L3637210 | House

3 Bed
1 Baths
2 Car Spaces
700 sqm

Description


Not only is this home perfectly positioned on a corner block with R25/R40 zoning, but this could actually be a double dip developer opportunity. I'll explain:

Step One:
As you may already be aware, corner blocks in the Kalamunda City with dual zoning are qualified to use the higher density, in this case R40. And in this particular case that allows for a brand new, street front block to be created, without any need to demolish the existing 3 bedroom, very rentable home. This fact alone makes it an awesome buy before I even tell you about step two!

Step Two:
After the new block is created, you will still have a really lovely 3 bedroom home sitting on the remaining land, which depending on how you did the subdivision, should be approximately 450sqm.
The beautiful part is, this remaining block is now still a corner block, with R25/R40 zoning. So you can put this away for now and when you're ready, if you please, subdivide it AGAIN into two more blocks!

It's amazing and there are other options too, the above description is just a favourite of mine but we can help you work out other cool uses (including apartments) and we can also put you in touch with a team of sub-division experts who can advise you further on what can be done and what the limitations might be.

But even if you aren't interested in any of that, you might also just love this home!
It's immaculately cared for, has a great outdoors entertaining area, corner side access, brilliant workshop, spacious front living room with LED down lights and is legitimately a wonderful home even if you don't care about the amazing development options.

Don't sleep to long on this one, get in touch with The Mitchell Brothers today to find out more!

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
$380.00

UNDER APPLICATION!!!!

22 Conifer Street, MADDINGTON WA 6109

Details
3 Bed
1 Baths
1 Car Spaces
360.00

3 bedroom 1 bathroom Villa!!!

17A Corrigan Way, GREENWOOD WA 6024

Details
3 Bed
1 Baths
2 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