Prime, Rare, Development opportunity

Lying in possibly the most sought after pocket of Kelmscott sits this charming 1930’s character home that just happens to be positioned perfectly on the huge 1119sqm R15/25 block.
Positioned perfectly because it opens up so many opportunities to the savvy investor/developer.
Being able to retain the house, while building the first unit of 3 means that the lucky buyer will be able to live in the front house whilst being built or rent out the front house and generate an income whilst its being built. Then either sell or move into the rear property while they demolish and start on the next 2 street frontage houses.
Unit developments in this particular pocket are highly sought after and just next door has seen record prices for the villas that were recently built and sold. This means that by putting in a bit extra and building a high spec product will see a premium return on the other end.
And the cottage itself is full of charm and character with soaring high ceilings, beautiful wooden floors and the charming central fireplace adds to the ambience.
Outside there;s a lovely entertaining area and under cover patio, along with a big ol’ workshop with room for the cars.
Added to that is the separate office, that could also be turned into a nice little studio for the extended family to stay.
As mentioned before the area is quite possibly the most highly sort after pocket of Kelmscott, downsizers and young professionals love the proximity to town and the leafy river side location that shows why the original settlers of the area chose this specific pocket to start the town.
Do your self a favour contact Cam Wilson asap to secure your time to view. 0413737090

* Please note, no development approvals are in place. So any development of the land is subject to council and WAPC approval.

Property ID: 903868