17-19 Templeman Place, Midland House: Expressions of Interest - From 900k The "Ace in the pack" "Expressions of Interest" BUYERS OVER $900,000 RARE DEVELOPMENT OPPORTUNITY for ASTUTE INVESTORS. • Solid brick & tile duplex situated on a large 1076 sqm development block with a wide 25metre frontage. • Both properties are leased out to reliable tenants collecting $550 per week total. • Midland Activity Centre Structure Plan has already been discussed with the WA Planning Commission who are in favour in principle with the recommendations which means the rezoning for this property could be fast tracked to the new R/ACO code (equivalent to R100). Time frames being suggested .....Council approval around 6 - 12 months and with approx. just an additional 6 months for WA Planning Commission approvals. • The plan proposes almost 7,000 new dwellings, more than 155,000 square metres of office and retail space, and about 200,000sqm of civic and cultural spaces. • Currently zoned R80 to accommodate multiple dwellings which equates up to 18 Apartments! • With the new proposed R/ACO code even more on offer. • Located in a central city prime location with an established and well-presented DUPLEX PAIR, one is currently tenanted and the other is vacant. • Just a few minutes' walk to the Midland Gate Shopping Centre, Cafe Strip, Restaurants, Midland TAFE, Train/Bus stations and the new Saint John of God Hospital • Your own due-diligence is recommended - you will appreciate the value. Situated only a 20 minute train ride from the Perth CBD, many schools & colleges, close proximity to the international and domestic airports, multiple shopping centres, major infrastructure under construction and only 3 kilometres to Swan Valley Tourist Precinct. If you are seriously conside********* this sort after pocket in Midland, I encourage you to do your due diligence on this one, as the location is simply superb! If you are looking to your build wealth, then don’t let this opportunity pass you by. PROPERTY SUMMARY Type : House Water Rates : $751 Per Year Council Rates : $1500 Per Year PROPERTY FEATURES Bedrooms : 4 Bathrooms : 2 Garage : 2

17-19 Templeman Place, Midland

Location: 849 Albany Highway, East Victoria Park WA, Australia

Contact No. ******8999 View

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