ALL OFFERS PRESENTED - MOTIVATED SELLER!
"The old Farm House" with views you can only dream of!
3 separate lots zoned for 7 lots altogether, with most of the subdivision infrastructure completed! This is a huge 3,676sqm of prime land on the top of the hill with north views to the bay, and westward out over the ocean!
Situated opposite a park on the corner of Browne Boulevard & Topaz Bend, this is an unbelievable piece of land just waiting for the right buyer to see it's potential. This is the original farm house, so needless-to-say all the rooms are big. A surprisingly contemporary look with a skillion roof u-shape design, a little TLC has been undertaken to ensure good rental return, including rendered exterior brick walls, aircon, mostly new carpets and a renovated kitchen. The views from the front entertaining area are absolutely magnificent!
Don't delay - secure your future now with these three properties sold as one parcel on top of the Capital Hill overlooking the ocean.
There are two newly titled and ready to build on lots 8 and 10, plus Lot 9000 zoned R20 and with previous subdivision approval for a FURTHER 5 LOTS. Most of the subdivision work has been completed for you, with the final 5 lots not constructed due to the siting of the house in order to maintain a rental income @ $285 per week.
When you are ready to subdivide, re-submit the previous plan, demolish the house and finish the last of the conditional work to get 7 lots altogether, ALL with views to the ocean (three of which will be north facing to the bay). This is an excellent investment potential, particularly anyone seeking to land bank a sound long-term retirement investment, but with rental return or a wonderful house to live the dream right now, with plenty of room for a caravan and boat to enjoy the Kalbarri lifestyle!
The house has an impressive north facing aspect overlooking the bay, with three bedrooms and two bathrooms, and a new kitchen, floor coverings, water heater and 2 x reverse cycle air conditioners.
So many options to suit any buyer:
- With excellent rental holding income for the investor or a great home for a Kalbarri local, retain the property for 5, 10 or 20 years until the time is perfect to subdivide and fund your retirement. Imagine what 7 ocean view lots will be worth one day!
- On-sell either or both of lot 8 or 10 anytime you want to get some cash in hand. The adjoining lots 5, 6 and 7 sold quickly when listed!
- If you can't wait, demolish the house, resubmit the recently lapsed approved plan of subdivision, and complete the conditions for the additional five lots and sell all seven of them (power and optic fibre already to all lots, with mains water and sewer already to all but 2 of the future lots which just need a short trench connection. Request a copy of the subdivision conditions).
The current owners planned to hold long term and develop one day for their own retirement, but are now seeking to upgrade their own home so need to cash in - now you can reap their future rewards instead!
We have experienced building companies ready to assist you, some of which are - Garvon Construction (Local), Redink Homes, WA Country Builders, Concept Steel Constructions, Plunkett Homes & TR Homes.
KALBARRI is blessed with a unique environment and it won't take too long to see this for yourself clean, safe beaches side by side, including world renowned surfing beach - Jacques Point which has 4-5 m left point surfing breaks, towering sandstone cliffs bordering coastal reef fringes which make great viewing platforms for the frequently visiting whales and dolphins and thanks to a warm offshore current, Kalbarri exhibits both tropical and subtropical species of marine life in abundance. The National Park with its magical gorges on your back doorstep and the Murchison River meeting the Indian Ocean brings various realms of adventure or relaxation. The only decision that you have is what to do first! Contact John Brandenburg today to arrange your inspection.
- Built-In Wardrobes
- Separate Dining
- 3 TITLES AND 7-LOT APPROVAL!
- Air Conditioning