16 North Lake Road

Set on a substantial 1,012sqm landholding with a generous 21.52m frontage, this property presents an exceptional opportunity with endless upside for developers, investors, renovators and land bankers alike. The R20 zoning provides extensive possibilities - create two prime street-front residences (STCA), retain the existing home while subdividing the rear portion, or secure a rare full-sized block in one of Alfred Cove's most tightly held pockets. With a level site requiring minimal site works for future development, the foundations are already in place for your next project. Since it was originally built, the home has been cherished by multiple generations of the same family and now awaits its next chapter. The solid brick and tile residence offers further scope for those seeking to renovate and add value while unlocking the subdivision potential behind. Inside, the home comprises three bedrooms and two bathrooms, with a practical layout that includes a kitchen and meals area, separate formal dining and living rooms, plus a second living space complete with a kitchenette adjacent to the large rear master bedroom, added as an extension to the original home. High ceilings enhance the sense of space throughout, while two undercover car bays and two additional visitor car bays at the front provide excellent convenience. Beyond the home itself, the expansive rear yard delivers even more versatility, featuring two large workshops ideal for the home handyman, tradesperson or additional storage needs. The existing residence also offers the potential to generate rental income during the planning and approval stages, providing added flexibility while you design, build or redevelop at your own pace. Perfectly positioned within the highly sought-after Applecross Senior High School catchment, the property is also close to Booragoon Primary School, Mel Maria Catholic Primary School and Santa Maria College. Enjoy a lifestyle of convenience with the Swan River, Tompkins Park and the Melville Bowling & Recreation Club all within walking distance, while Westfield Booragoon, North Lake Shopping Centre and numerous public transport routes are only moments away. Excellent transport connectivity also provides easy access to a range of destinations, including the CBD, Canning Bridge Train Station and Fremantle. NEARBY - 270m Tompkins Park - 450m Melville Bowling & Recreation Club - 480m Swan River - 600m Mel Maria Catholic Primary School (Pater Noster Campus) - 620m North Lake Shopping Centre - 850m Wireless Hill Park - 870m Marmion Reserve - 1.1km Booragoon Primary School - 1.7km Westfield Booragoon Shopping Centre - 2.8km Santa Maria College - 3.2km Applecross Senior High School RATES (approx.) Council: $1,897 pa Water: $1,208 pa For more information, please contact: Chadd Boucher 0433 043 437 Scott Collier 0456 809 991 Or email us at team@acerealty.com.au DISCLAIMER: While every effort has been made to ensure the accuracy of the information provided, Ace Realty and its representatives make no warranties or guarantees as to its completeness, accuracy, or reliability. All property details, including but not limited to pricing, availability, and features, are subject to change without notice. Prospective buyers are advised to make their own inquiries and conduct inspections to verify the accuracy of the information provided. The details contained herein are for informational purposes only and do not form part of any offer or contract. Ace Realty accepts no liability for any reliance placed on this information by any party.