Unlock the potential of this prime corner block located on Kalgoorlie’s main street, featuring an R40 zoning and an older dwelling.
Whether you’re a savvy renovator or a developer, this property offers multiple paths to profit:
• Renovate and Rent: Restore the existing home to its former charm and secure rental income.
• Subdivide and Build: (STCA) Split the block and construct a second dwelling for added value.
• Demolish and Rebuild: Clear the slate and create two brand-new homes in this desirable location.
The existing character home, positioned towards the street front, holds the charm of a bygone era and is ready for a makeover to shine once again. Here’s what you’ll be working with:
• 4 Bedrooms (two are enclosed verandahs)
• 1 Living Area
• Kitchen
• Bathroom
• Laundry
Key Details:
• Property is sold AS IS, WHERE IS—conduct your due diligence before making an offer.
• Ideal for ready-to-purchase buyers seeking a lucrative project.
• Block size 491m2
• Council rates $2,238.46 pa
• Water rates $290.00 pa approx.
Don’t miss this unique chance to secure a property with potential for profit.
Contact Iris Haynes on 0420 471 461 to arrange a viewing today!
This property at 521 Hannan Street, Kalgoorlie is a four bedroom, one bathroom house sold by Iris Haynes at John Matthew & Sons on 11 Feb 2025.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Kalgoorlie or see other recently sold properties in Kalgoorlie.
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