87 Tate St

Superbly located in one of West Leederville's most sought after locations, this massive development property will appeal to many buyers with 612sqm of land! Only a short drive away to Leederville and within close proximity to Subiaco, Lake Monger, Local Shops, schools and public transport hubs. The demand to move into this appealing suburb will surely increase! In a R30 zoned with street frontage of 15m, this property shows potential opportunities to develop up to two homes. The block has a laneway at the rear perfect for development OPTION 1 - Retain House and subdivide into 2 lots! Sell the resulting lot into high demand market. OPTION 2 - Clear the land and build 2 new houses OPTION 3 - Rent out the property and potentially collect up to $1200p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt. OPTION 4 - Buy the house and gain entry into this sought after suburb with large backyard. West Leederville, with its leafy green streets and coveted lifestyle, is a suburb that's always tightly held. Here, culture meets class, and heritage blends seamlessly with modern living. Opportunities of this calibre are rare and not to be missed. Call Jorden Peirce today *Subdivision is subject to successful approval. A 2 lot development is possible. Call area specialist Jorden Peirce for details Keep missing out? Follow me on Instagram and be first to know https://www.instagram.com/capitalpropertymarketingwa/?img_index=1