436 Kalamunda Rd, High Wycombe
Rare Earth Other - Property ID: 859724 416
A great investment opportunity has presented itself to what is becoming rare in High Wycombe is this 1 Acre (4046sqm) of land and house parcel. This property currently zoned R25 which can be subdivided into 350sqm individual blocks and has been approved for up to 11 units or townhouses.
Alternatively hold onto this gem for approximately 6 to 10 months and rent out this large 5 bedroom, 1 bathroom family home which has a drive through work shed that will take up to 4 cars.
Why hold onto this property you ask? Well this property has been advertised and is currently under review by Town Planning to be rezoned R25/R60 within the next 6 to 10 months, which would allow for high density multi-level development of up to 40 units.
I would encourage the potential investors to contact the Shire of Kalamunda to determine that all due diligence has been undertaken.