50 Kingsway, Nedlands, WA, 6009, Australia

First Time Offered

For Sale by Expression of Interest - Buyers Over $1,950,000
Closing 4pm, 15th December, 2021 (Unless sold prior)

Large 880sqm block
Zoned R60
Subdivide into 2 equal 440sqm blocks, or
Subdivide into 4 blocks, or
Subdivide into 5 blocks, or
Develop with 10 Units - see photo of similar 1,012sqm R60 zoned block currently being developed with multi-storey units.
Approval of these development option are subject approval to Nedlands City Council and other Authorities
Note Minister's Sewer Line on the property
Negative Gear – 1920s home in largely original condition
Three bedrooms, one bathroom
Lounge, Dining and Family Room

Development Sites in this Prestigious Suburb are Very Difficult to Obtain

Be Quick! (Others Will Be Interested)

Rates City of Nedlands 2021/2022: $2,092.25
Rates Water Corporation 2020/2021: $1,366.79

Please note: The seller reserves the right to accept an offer at any time prior to the closing date.
Accordingly, interested parties should immediately make an appointment with Greg Rossen to draft a standard REIWA Offer & Acceptance, stating price, terms and conditions.
It is a condition of this sale that offers need to be drafted and signed in the presence of Greg Rossen.
No offers independently drafted by potential buyers will be accepted.