57 Leura Street, Nedlands WA 6009

Coded R60 this 638sqm property is approx. 39.23m x 16.26m Situated North of the highway in a quiet street, conveniently located this 638sqm parcel of land with rentable 3x1 home (with additional bedroom upstairs of detached garage) is a brilliant opportunity. Several options to develop are: • 3 Townhouses* • Two green title homes - this house sits on 2 lots and has 2 titles (1 set of rates), possibly your family investment /retirement plan with no need to go through a subdivision process. It's already done for you! • Boutique luxury apartment complex* The choice is yours, but either way the blue chip location with such an easy stroll to the Swan river will ensure that what you build will be keenly sought after offering an attractive lifestyle of daily walks and bike rides along the river. Close to Perth Children's Hospital, Sir Charles Gardiner, Hollywood Hospital, UWA and Kings Park it doesn't get much better than this for location. High frequency transport on Stirling Highway makes for a quick trip into the CBD as well as easy access to Perth's best public and private schools. Take advantage of the numerous cycle paths around river. Both convenience and lifestyle will ensure the desirability of your finished product. Currently rented on a periodical lease for $575 per week, keep the tenant's while you organise your building plans and get approvals. Call Danielle for more information. *Subject to buyers own due diligence and WAPC approvals.