55 Francis Avenue

Karrinyup WA 6018

Method: For Sale - Offer Invited

Settlement Terms: Negotiable

THE INTELLIGENCE

Perfectly positioned on a massive 802sqm corner block, this rare and unique development site offers an unparalleled opportunity to create something truly special. Zoned R30 and brimming with triplex subdivision potential, this promising property is ideal for visionary developers or savvy investors looking to capitalise on its prime location, opposite the stunning new Karrinyup Shopping Centre precinct. With an existing largely-original 3 bedroom 1 bathroom knockdown home ready for removal or utilised as an income-earning rental until you decide on what your next move will be, this essential "blank canvas" is yours to design and build for maximum return. Whether it's modern townhouses or a dream quality residence that redefines luxury at the end of it all, this expansive land parcel promises a lucrative future in every way, shape and form!

Features include, but are not limited to:

Please Note: This property is to be sold on an as is basis.

The existing 3 bed 1 bath dwelling is solid in its brick-and-tile construction and is graced by high ceilings and plenty of scope to add your own personal touches throughout, if you are that way inclined
Beyond a gated garden entrance lies a welcoming front lounge room with low-maintenance timber-look flooring, split-system air-conditioning and a ceiling fan.
An adjacent open-plan dining and kitchen area behind saloon-style double doors, also comprising of easy-care floors as well as double sinks, a Chef gas-upright cooker, a Vulcan Dishlex range hood and built-in storage
Large outdoor patio-entertaining area, with access into a spacious and carpeted rear games room fitted with a built-in bar
Carpeted bedrooms, inclusive of a generous master with a ceiling fan (just like the 3rd bedroom)
Practical bathroom with a bathtub and showerhead servicing the separate sleeping quarters along with a double linen press
Rear laundry with a separate toilet and a large utility/store room that benefits from access out to the side of the property, as well as to the back alfresco
Amongst the extras here are a paved garden courtyard for further breezy sitting and entertaining, a gas hot-water system, a separate single lock-up garage (off the property's second street frontage) and double gates that reveal a paved single car bay for a second vehicle to park securely

THE VISION

Location, Land and Limitless Possibilities. Zoned R30
A prime spot on the corner of Francis Avenue and Davenport Street sits within metres of shopping and entertainment, with a matter of footsteps ensuring easy access to bus stops, lush local parklands and even the exclusive Lake Karrinyup Country Club and golf-course resort. Picturesque Lake Gwelup is also nearby, as are a host of playgrounds, Karrinyup Primary School, St Mary's Anglican Girls' School, the revamped Hamersley Public Golf Course, Carine Senior High School, Hale School, Newman College, the freeway, Stirling Train Station, majestic bushland walking trails, the rejuvenated Scarborough Beach foreshore and everything in between. Turn vision into reality and get ready to reap the rewards on this commanding corner lot that is about to deliver in a very big way!