47 Banksia Terrace, Kensington
Price slashed $100K House - Property ID: 721058
Get Two Dwellings on 485sqm Block with Rear Access
Owner said sell All offers considered
A change in circumstances has made this an urgent sale of this prime building site. The old home is NOT suitable for renovation
Less than land value (Land Value approx. $1,400 per sqm)
This is the LAST block in all of Kensington that has rear laneway access allowing you to have a huge rear garage with rear parking and loft off Twig lane and the main residence fronting on to Banksia tce. This rare rectangular 485sqm site is only a 850m walk from the swan river reserve. The primary school is just up the road, with cafe bars and the cappuccino strip all within easy access and the city is 5 minutes away.
Build a quality 4x2 for $300,000 and be into Kensington in a new home for less that you will pay for other 50 year old renovated cottages. Why not live in a superb location and have a comfortable new home as well? With no front parking you can minimise the building setback and take full advantage of the 12.2m width, and the 39.7m long side boundary,
Or you could have two residences
Potential (subject to council approval please make your own enquiries) to build a main residence up to 180sqm Footprint at the front and a two bedroom 60sqm granny flat at the rear with access off Twig Lane for a second income. Estimate only on build cost Front 4x2 $250,000 Rear $85,000 Email us for more information on granny flats.
Sold AS IS WHERE IS for demolition
- Land Size Approx. - 485 m2
- Close to Schools
- Close to Shops
- Close to Transport