153 Forrest Street

Peppermint Grove WA 6011

A rare opportunity to secure one of two substantial new landholdings in Peppermint Grove, 150m from the Swan River and positioned on what is arguably the suburb's most prestigious residential street.

The approved subdivision will create:

Proposed Lot 1 - approximately 934m
A generous street-fronting homesite with an approximate 16.12-metre frontage as well as additional access via a shared side lane.

Proposed Lot 2 - approximately 870m
A private rear landholding with both direct rear laneway access and access to the main street via a shared 4m wide lane, an approximate 20.12-metre width and the potential to capture views of the river through considered architectural design.

Installation of services is currently progressing, with separate titles expected to be issued soon. Both lots present an exceptional opportunity to create a landmark residence or premium investment property in one of Perth's most tightly held riverside enclaves.

Buyers developing the sites as investment properties may also have potential negative gearing and CGT discount opportunities, subject to individual circumstances and professional advice.

Vacant land of this scale, position and prestige in Peppermint Grove is exceptionally difficult to secure.
Register your interest ahead of the upcoming release.

All areas, dimensions, view potential and title timeframes are approximate and subject to final survey, servicing, relevant approvals and issue of separate titles.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.