2 Wren Street

Mount Pleasant WA 6153

LIVE IN IT. RENT IT. DEVELOP IT.A RENOVATED FAMILY RETREAT WITH AN EXTRAORDINARY FUTURE2 WREN STREET, MOUNT PLEASANTSome properties offer a beautiful home. Others offer valuable development potential.Very few offer both.Welcome to 2 Wren Street: a renovated four-bedroom family residence, private resort-style retreat and approximately 503m corner landholding within the rapidly evolving Canning Bridge precinct.Move straight in and enjoy everything already created. Explore an anticipated rental return of approximately $1,400$1,500 per week. Hold the property while pursuing development approval. Or investigate the exciting concept for three premium, three-storey residences designed to take advantage of the corner position, open outlook and dual-street interface.The choice-and the future-is yours.THREE CLEAR OPPORTUNITIESLIVE IN ITThis is not simply an old house waiting to be developed.It is a substantial, beautifully renovated inside and out four-bedroom, two-bathroom family home with multiple living areas, established gardens and exceptional private entertaining facilities.Move in, unpack and enjoy it immediately.RENT ITFor buyers wanting to secure the land today without developing immediately, the property may offer an anticipated rental return in the vicinity of $1,400$1,500 per week, subject to final rental appraisal and market conditions.That creates the opportunity to earn a substantial holding income while completing plans, pursuing development approval or simply allowing the value of the property and surrounding precinct to mature.EXPLORE THE DEVELOPMENT POTENTIALThe approximately 503m corner holding sits within the Centre Zone Residential R-AC0 H4 planning framework, allowing buyers to investigate development of up to four storeys, subject to all relevant planning, design and authority approvals.An indicative concept has been prepared to demonstrate how three premium, three-storey residences could potentially occupy the site.The concept takes inspiration from established three-storey grouped housing elsewhere in Wren Street while seeking to capitalise on the particular advantages of No. 2:* A commanding corner position* Potential access from two street frontages* A more open outlook* Excellent natural-light opportunities* Reduced overshadowing* Approximately 168m of land per residence before any common-property or servicing adjustments* Potential for three substantial four-bedroom, three-bathroom, two-car homes* Indicative internal areas of approximately 210225m per residenceThe concept is provided to illustrate possibility rather than an approved development. Buyers must undertake their own planning, design and feasibility enquiries.A HOME THAT HAS ALREADY HAD THE WORK DONEThe existing residence offers:* Four bedrooms* Two renovated bathrooms* Multiple generous living areas* Contemporary central kitchen* Warm timber flooring* Premium whole-home climate control* Whole-home water filtration* Automated electric curtains* Solar panels* Secure fencing and established gardensYOUR OWN PRIVATE RESORTThe outdoor environment transforms the property from a comfortable family home into a private lifestyle retreat.The heated swimming pool incorporates swim-jet infrastructure and a near-new electric heating system. Solar power helps make extended use more practical, while professional feature lighting creates a spectacular evening setting.The former shed has been transformed into a private sauna and gym-your own space to train, recover and unwind.A fully plumbed outdoor kitchen includes hot and cold water, drainage and built-in barbecue facilities, while an outdoor shower is perfectly positioned for use after the pool, sauna or gym.Mature trees, ferns and established gardens provide privacy and shade, with automatic reticulation keeping maintenance manageable.APPROXIMATELY 500 METRES FROM THE RIVERPositioned in one of Mount Pleasants most connected lifestyle locations, the property places the river, Canning Bridge station, Woolworths, cafs, restaurants and everyday amenities within easy reach.Connections to Canning Highway, Kwinana Freeway and Manning Road make travelling throughout Perth remarkably straightforward, while respected local schools and the evolving Applecross and Canning Bridge hospitality precincts add to the long-term appeal.ENJOY TODAY. CREATE TOMORROW.Live in the renovated family home.Potentially rent it for approximately $1,400$1,500 per week.Secure the land and pursue development approval.Investigate the three-residence concept.Or simply hold one of the precincts increasingly scarce corner properties and allow time to do its work.Whichever direction you choose, 2 Wren Street provides something increasingly difficult to find: genuine lifestyle appeal, meaningful holding income and an exciting future-all in one exceptional riverside location.Contact Kim Turner and the Turner Estate Agents team to arrange your private inspection.Turner Estate Agents. Find your place.Disclaimer: The development concept, dwelling yield, layouts, dimensions, internal areas, access arrangements and illustrations are indicative only and do not represent an approved development. All development is subject to survey, detailed design, planning requirements and relevant authority approvals. The rental range is indicative only and subject to a current professional rental appraisal and prevailing market conditions. Buyers must undertake their own independent enquiries and obtain appropriate planning, building, financial and legal advice.