531 Kalamunda Road, High Wycombe WA 6057

Sold $380,000

Great Development Potential!

House Sold - High Wycombe WA

You are not buying this one for its looks, the value is in the land and its great potential for further development! With an R25/60 coding you have lots of options available and a rentable house to give you some cash flow at around $300pw in the meantime. 

With 635sqm of land on a corner street front strata title block, there is the potential to demolish the existing house and build a townhouse and a villa  in its place or you could create apartments (all subject to approvals).

Plus we also have 2A Fernan Rd for sale next door asking From $399,000, and if bought together would give you some great combined holding income at around $700pw total and more options for development later. It’s part of the same strata plan, having a 2010 built street front 3 bedroom, 2 bathroom home on 341sqm. (See other for sale advert for full details.)

The house has 3 bedrooms, 1 bathroom and a good size lounge, with separate kitchen with adjoining dining. Its basic but well presented with wooden boards throughout and lots of quaint character appeal. Privately set back from the road behind a large brick wall, with lots of yard for kids or pet to play.

Located across the road from the High Wycombe shopping centre having everything you need including Coles, Subway, Tavern and fast food options and with a bus stop at your door and the new High Wycombe train station soon to finish, this really is an ideal location for your next project. 

With so much potential at such an affordable price, this property won’t last long. 

Property Features
  • House
  • 3 bed
  • 1 bath
  • Land is 635 m²
Jarrad Mahon
Managing Director / Licensee
0403 659 753
It's all about GROWTH!
Jarrad Mahon is an experienced and passionate property investor, real estate agency owner and is the “Go To” for Perth property investment insights and practical strategies that work smarter to grow wealth in today’s market.
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