7 Byers Road, Midland, WA, 6056, Australia

LOCATION LOCATION LOCATION!!

An outstanding opportunity awaits the discerning investor or developer.

Team Kantor are pleased to bring 7 Byers Rd Midland to the market. This property is part of the Midland Redevelopment Area and more specifically forms part of the Midland Design Guidelines, Victoria Precinct, Sub Precinct 1 Great Eastern Hwy North, Site "E".

What does this all mean?

Well, in terms of DevelopmentWA Midland Design Guidelines and from a redevelopment perspective, the preferred land use allows for a high density, minimum 2 storey and maximum 4 storey residential redevelopment on this 1012m2 site. Obviously the existing home would need to be demolished to take advantage of this opportunity. (For further information regarding redevelopment please contact DevelopmentWA planning@developmentwa.com.au or 9482 7820)

The house itself is in a reasonably good state or repair.

Features include:

* 2 very large bedrooms
* 3rd bedroom/sleepout
* Functional kitchen with free standing stove/oven
* Large living area
* Solid timber flooring throughout
* Ceiling Roses
* Single garage
* Large 1,012m2 block
* Currently tenanted $320pw (Fixed Lease expires 22nd January 2023)

If you are not quite ready to commence the redevelopment and have the capacity to land bank for a period, the house can continue to be leased and will provide you with approx $17,000 - $18,000 per annum to assist with your holding costs. (Shire Rates $1,700pa approx and Water Rates $870pa approx)

The property is ideally located just a few minutes walk to Centre Point Midland Shopping Centre and the Midland Train Station and a 2-3 minute drive to Midland Gate Shopping Centre.

Woodbridge Primary School is just 500 metres away and Governor Stirling Secondary and Guildford Grammar Schools are less than a kilometre away.

With its close proximity to large shopping precincts, state and private schools as well as public transport, both rail and bus, this property is an ideal site for a multi storey residential development.

For more information or to arrange an inspection, please contact Tim Kantor 0410 275 600 or Rebecca Kantor 0437 682 268 teamkantor@5starrealty.com.au

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate, however, may be subject to change without warning at any time and this is often out of our control. Prospective tenants and buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner, the Agent, Sales Representative and the Agency and are expressly excluded from any contract.