5 Reen Street

St James WA 6102

Renovators relish this opportunity to work with a 776sqm block that has advantageous height and aspect along with block shapeWith a 25 meter frontage to work with this block offers fantastic opportunities for future developmentZoned R20 and flagged as a key zoning change by the WA Premier as a key change to downgrade Zoning size minimum block requirements to 350m next year, the property possesses excellent size and shape to take advantage of when the changes are implementedSet in the fast rising suburb of St James the property is walking distance to the 7 day a week IGA and Curtin University, with over 16,000 students many who require housing within 1 kilometer from campusPlus only just only just down the road from the Vic Park Cafe stripeWhile Perth CBD is 11 kilometers away and Optus Oval and Crown Complex is also of equidistance.The airports lie within 12 kilometersAll Offers Invited and considered the owner is looking to quit the property in the immediate termThe dwelling is primarily redundant however an owner occupier could reside while making future plans For those developers looking for a smaller project - maybe to develop to profit or hold for excellent higher yielding rental returns look no further that here!With the change in R20 Zoning laws approaching take early advantage to make your property plans for future development options before the prices rise!!!!!Disclaimer: All information provided is checked to be correct at publishing Buyers must take their own independent advice and calculations on development timeframes, costs and processes through the relevant specialist professionals and government regulatory bodies