17 Hugo Street, Stirling

PRIME 1113 SQM DEVELOPMENT SITE

17 HUGO STREET, STIRLING

This is an exciting opportunity for a savvy developer to develop this site now; or for an astute investor to buy and hold this prime property investment for the future.

Two 3x1 duplex houses on a huge 1113 square metre development block with a 20 metre frontage and a depth of 55 metres.

High density ‘Development’ zoning equivalent to an R80+ zoning (Minimum of 9 apartments within a 3 storey height limit).

• Permitted development uses: Apartments (Multiple Dwellings), Aged or Dependent Persons Dwellings, Child Care, Retirement Complex, Church, Mosque, Short Stay Accommodation
• Brick + tile duplex pair. Each house comprises of 3 bedrooms, 1 bathroom, air conditioning with a potential rental income of $36,000 per annum
• Ideally located approx. 10km from the Perth CBD, approx. 5km from Scarborough Beach and only a short walk to the Stirling Train / Bus Station
• Quick and easy access to all parts of the metro area via the Mitchell Freeway
• Council Rates: $2418pa Water Rates: $2013pa

For further information please contact Con Paioff on 0407 947 449 or Email: con@platinumrealtygroup.com.au