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106 Swansea Street, East Victoria Park

Offers Over $1,200,000

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Saturday 6 June 2:00 PM - 2:30 PM

742sqm R30 Development Opportunity with Rear Laneway Access

 

Positioned in one of the area’s most tightly held pockets, this substantial 742sqm block (zoned R30) presents a rare opportunity to secure land with genuine flexibility and exciting future potential (S.T.C.A).

Just moments from the vibrant Albany Highway café and restaurant strip, yet tucked away in an incredibly quiet street, this is the kind of site buyers wait years to find.

The options here are impressive whether you’re looking to:

* Demolish and develop
* Build your dream home
* Subdivide into two lots, maybe utilise the rear lane (S.T.C.A)
* Retain the existing home as a holding property while planning your next move

The existing home requires substantial renovation and is best suited as a holding property or future redevelopment site. Currently occupied and generating income on a room by room basis, the property offers flexibility for buyers wanting to secure the land now while preparing future plans and approvals. The property is being sold strictly “as is”.

Concept plans are also available for a stunning new 4x2 residence for buyers wanting to create a luxury home in this highly sought after lifestyle location.

Adding further appeal, the property falls within the currently proposed Carlisle and Oats Street Station Precinct improvement area, benefiting from ongoing investment and future precinct revitalisation.

Opportunities like this are becoming increasingly rare in East Victoria Park — secure the land today and decide your future plans tomorrow.


Property Highlights:
* Potential development site (S.T.C.A)
* Wide 17.22m frontage
* Quiet street location close to Albany Highway café strip
* Rear laneway access with potential secondary frontage
* Existing below-ground swimming pool
* Opportunity to demolish and build two new homes (S.T.C.A)
* Holding income potential while future plans are prepared
* Concept plans available for a brand-new 4x2 residence
* Existing asbestos and iron home sold strictly “as is”
* Located within the proposed Carlisle/Oats Street Precinct improvement area
* Excellent opportunity for builders, developers, investors or dream home buyers
* Large 742sqm block zoned R30

 

Details

Address 106 Swansea Street, East Victoria Park
Price Offers Over $1,200,000
Property Type Residential
Property ID 313
Category House

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Lee Tamblin

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Mitchell Tamblin

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