Reiwa Reiwa
28 Laurence Rd, Innaloo WA 6018

28 Laurence Rd, Innaloo WA 6018

Sold price: $1,200,000
Sold
Sold: 21 Jan 2025

3 Bedrooms

1 Bathroom

2 Cars

Landsize 749m2

House

Contact the agent

Jorden Peirce

0516300431

Capital Property Marketing WA


Sold by Jorden Peirce

Jorden Peirce presents another development opportunity

Superbly located in one of Innaloo’s most sought after street, this massive development property will appeal to many buyers with 749sqm of land!

Only a short drive away to Scarborough Beach and within close proximity to Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!

In a R40 zoned with street frontage of 18.6m, this property shows potential opportunities to develop up to three homes. The block is slightly elevated with possible views of Perth CBD from a second level!

OPTION 1 - Retain House and subdivide into 3 lots! Sell the resulting lots into high demand market.
OPTION 2 - Clear the land and build 3 new houses
OPTION 3 - Rent out the property and potentially collect up to $800p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 5 - Buy the house and gain entry into this sought after suburb with large backyard.

*Subdivision is subject to successful approval. A 3 lot development is possible.

FEATURES OF EXISTING HOMES:
- Large living area
- Large backyard
- 3 Bedrooms
- Built in wardrobe
- 1 Bathroom
- Plenty of parking for boats or caravan
- Large Double Garage with activities area
- Level block perfect for developing
- Whisper quiet street
- NORTH rear

Be Quick! Opportunities like this don’t come around often!

Call Jorden Peirce on 0416 300 431 and register your interest today!

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Property features

  • Garages 2

Nearby schools

Yuluma Primary School Primary Government 0.8km
Newborough Primary School Primary Government 0.9km
St Dominic's School Primary Non-government 1.0km
Our Lady Of Good Counsel School Primary Non-government 1.3km
Lake Gwelup Primary School Primary Government 1.6km
Doubleview Primary School Primary Government 2.0km
International School Of Western Australia Combined Non-government 2.0km
West Balcatta Primary School Primary Government 2.2km
Karrinyup Primary School Primary Government 2.2km
Balcatta Senior High School Secondary Government 2.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4813731