Description

This nicely presented property set on a 692m2 block with R20/R40 zoning is situated in a quiet cul-de-sac and offers outstanding potential for savvy investors or developers looking for their next project. The property offers you the potential to build up to three dwellings (with WAPC approval). Enjoy strong rental returns until you are ready to redevelop.

Additionally, this lovely home presents well for first home buyers being a light and bright home with open plan living with plenty of natural light.

It is conveniently located close to all amenities, including shops, schools, and public transport.

Key Features
* 3 bedrooms, 1-bathroom, single carport
* Solid double brick home in quiet cul-de-sac
* Open plan living with plenty of natural light
* Modern kitchen with Whirlpool appliances, ample storage
* Split-system air-conditioning, gas bayonets, instant gas hot water
* North-facing block with shady trees

Location
* 500m to Waddington Primary School
* 100m to Binstead Park
* 550m to Butterworth Park and
* 6.3 km to Warwick Shopping Centre
* 6.9 Km to Kingsway Shopping Centres
* 6.1 km to Marangaroo Golf Course
* 13.7 km to North Beach
* 14.9 km to Perth CBD

Investment Appeal
• Rental potential: $560 – $600 per week
• R20/R40 zoning potential for development with approval from WAPC
• Koondoola is a fast-growing suburb with high demand

* Council Rates - $1784.00 2025/2026
* Water Rates - $894.00 approx. per annum
Don’t miss your chance to secure this rare development site in a booming location.