6 Frederic Street

Midland WA 6056

A substantial 1,042 m2 R60-zoned site with holding income, a recently built granny flat, and previous 10-unit development approval-6 Frederic Street presents a genuine opportunity for investors, renovators, and developers looking for scale and future potential in Midland.The property includes an existing 3-bedroom, 1-bathroom home with approximately 121 m2 of living spaceAt the rear is a recently built 1-bedroom granny flat by Granny Flats WA, featuring open-plan living, built-in wardrobe, ensuite bathroom, separate toilet, air conditioning, Bosch oven, electric cooktop and separate electricity metering.The site was previously approved for a 10-unit development, although that approval has expired and any future development would require a new application.With the current improvements in place, the property can be held for income while future plans are considered. There is also scope to renovate, rebuild, subdivide, or redevelop, subject to council approvals.Located close to Midland Gate, Midland Train Station, St. John of God Midland Public Hospital, schools, shops, and major transport links, the property is well positioned for both investment and future development.'Sold As Is'The property is being sold in its current condition. Prospective purchasers should carry out their own inspections and due diligence regarding the property, zoning, and any future development plans.Property Highlights- Approx. 1,042 m2 landholding- R60 zoning- The previous 10-unit development approval now expired.- Existing 3-bedroom, 1-bathroom home- Main house currently tenanted- Recently built 1-bedroom granny flat- Granny flat with ensuite, separate toilet, air conditioning, and kitchen- Separate electricity metering to granny flat- Potential to hold, renovate, rebuild, subdivide, or redevelop, subject to approvals- Close to major Midland amenitiesInterested in the opportunity?Contact Lewis Flores Valle on 0410 219 073 or Himanshu Siag on 0432586100 to discuss the property, arrange an inspection or request further information including available plans and property documents.