41 South Terrace

Como WA 6152

Sitting proudly on an enormous 2,023sqm, landholding with a mighty 32.2-metre(approx.) north-facing frontage, this rare R40-zoned opportunity isn't just knocking - it'spositively beating down the door.Whether you're envisioning a collection of contemporary townhouses (up to 9 townhouses), a boutique apartment building (20 apartments) or a long-term investment play, the canvas here is expansive, flexible and rich with future reward.Yes, there's a charming 3 bedroom 1 bathroom character home still resting on the lot -boasting soaring high ceilings, solid timber floorboards and that nostalgic warmth yousimply can't replicate. But make no mistake - the real magic lies outdoors, where land,location and limitless possibilities take centre stage.An exclusive address right on the South Perth border affords a close proximity to lushlocal parklands and wonderful community sporting facilities, the buzzing Preston Streetfood and coffee precinct, the Royal Perth Golf Club, Perth Zoo, our picturesque SwanRiver, stunning foreshore restaurants and eateries, top schools (including WesleyCollege), shopping, medical amenities, more cafes along vibrant Angelo Street, publictransport, the freeway, the city and so much more.With zoning that sparks imagination, width that welcomes creative design and size thatdevelopers dream about, this is your moment to think big, then build bigger. Potentialdoesn't just exist here - it thrives!- Vendor Finance available from 5% deposit, balance on completion or completed accommodation - Potential development for up to 9 townhouses or 20 apartments are possible (subject to approval)- Huge half-acre (approx.) development block- R40 zoning- Subdivision/development potential- Existing 3 bed 1 bath original home still intact- Scope to build multiple townhouses and apartments- Prime location on the cusp of South PerthClose to the river, top schools, the CBD, South Perth Hospital and so much more? A once-in-a-generation opportunity