PROPERTY SUMMARY

Beds: 3 Baths: 1

PROPERTY DESCRIPTION

29 Lincoln Road Morley

This perfectly rectangular 754m2 block is a prime investment with a 17.2 metre street frontage. It is zoned R25 and presents an opportunity to retain the existing home and develop on the rear land or simply demolish and build two street front homes.

It is situated in a highly sought after pocket of Morley within close proximity to a host of amenities including shops, direct bus transport route to Morley bus terminal, parklands and schools.

OPTIONS 1 :

Keep the existing house leased whilst submitting plans for approvals

OPTION 2 :

Knock down the existing home and create 2 side by side lots – Street front lots (377m2 per lot)

OPTION 3 : Live in or rent out the existing front home and develop the rear lot to sell or develop.

Features of existing home :

• 3 bedroom, 1 bathroom
• Air conditioning
• Dishwasher
• Rear decked area with pergola
• Garden shed
• Cottage style home built in 1958
• 2 Toilets
• Gated rear side access

The home is neat however is in original condition.

Features of land :

• 754sqm block size
• Retain and build (subject to WAPC)
• Development potential (Zoned R25)
• Build two brand-new homes side by side (subject to WAPC approval)

Contact Nicole Newman to get your offer presented today !

***PLEASE ENSURE YOU HAVE THE SAFEWA APP ON YOUR PHONE TO REGISTER YOUR ATTENDANCE OR YOU MAY BE DENIED ACCESS***