16 Ridge Street

South Perth WA 6151

View By AppointmentSituated in South Perth's most prestigious pocket and boasting expansive river views, this property offers enormous potential. If the sweeping river views from this elevated hilltop property aren't tempting enough, then perhaps the opportunity to reap the rewards of this remarkable investment will sway you.As it's zoned R15, this large 1436sqm block has the potential to be subdivided into two Green Titles. Alternatively, it beckons for a landmark residence to be built here, given its prime location. As it stands, the existing four-bedroom, three-bathroom plus study home features multiple living spaces and is currently in good condition. You could easily rent it out while you're designing your dream home, upon council approval, of course. You have access to kilometres of riverside trails leading to Perth's CBD and the South Perth foreshore. You can even walk or cycle into the city or catch a ferry from the Mends Street Jetty - it seems only fitting to arrive in the CBD by ferry, given your proximity to the river. Alternatively, you have easy access to the Kwinana Freeway and Canning Highway.You have an abundance of dining, shopping and entertainment options along Mends Street, Preston Street and Angelo Street, not to mention the many attractions in nearby Vic Park and the Crown Entertainment Precinct. This location is ideal for families, especially with many nearby schools such as St Columba's Catholic Primary School, South Perth Primary School, Wesley College, Penrhos College and Curtin University.Please note, this will be sold "as is" and buyers are required to make their own enquiries regarding the development of the site.This is one of those rare opportunities to renovate, extend or redevelop and create an incredible property and lifestyle at one of Perth's most exclusive addresses.Property features: Elevated hilltop property in one of South Perth's most prestigious pockets Panoramic views back toward Melville Waters Zoned R15 1436sqm block - Potential to create two green titles Endless possibilities to create a landmark residence Renovate, extend or redevelop (pending council approval) Rare opportunity at an exclusive address Original double-storey four-bedroom, three-bathroom home with multiple living zones Lockup Garaging Large powered workshop Being sold in "as is" condition Location highlights: 350m to Richardson Reserve 500m to South Perth Primary School 750m to St Columba's Catholic Primary School 800m to the Royal Perth Golf Club 1km to the Angelo Street caf/shopping strip 1.1km to the South Perth Foreshore 1.2km to Wesley College 1.4km to Preston Street caf/shopping strip 1.6km to the Mends Street caf/shopping strip 1.8km to the Mends Street Jetty 2.6km to Penrhos College 4km to Perth's CBD 4.1km to Vic Park 4.2km to Curtin University 5.3km to the Crown Entertainment PrecinctDisclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.