6 North Lake Road, Alfred Cove

Be quick to secure this corner development site, perfectly and strategically located on the corner of Doney Street and North Lake Road.

This premium block offers substantial potential for the astute investor, with options galore: develop, subdivide or hold.

Preliminary plans have been drafted for 5 apartments to be built on the site or subdivide into smaller lots - both subject to local authority and WAPC approvals.

There is a bonus, modernised character home sitting on this large 605sqm block with ease of rentability due to its 3 bedroom, 3 bathroom configuration.
 
Just minutes to the Swan River and Perth CBD, and close to main arterial roads, this corner block property is perfect for the developer, long-term investor or owner occupier.

The character home itself is more than comfortable, with 3 bedrooms all serviced by their own ensuites (3 bathrooms), two very large living areas with the main having raked ceilings and a pot belly stove, gas kitchen and dining, loft/storage, timber floors, pizza oven and large private and established gardens  with oversized koi pond  .

Home Features:
- 3 bedrooms
- 3 bathrooms
- Under-cover parking bays
- Huge main living area with very high raked ceilings, including skylights
- Raked ceilings continue through to the master bedroom, including a third skylight
- Master ensuite includes “his & her” vanities, WIR's and a double shower
- High ceilings throughout the rest of home
- Second living room with French doors and fireplace
- Polished jarrah floorboards
- Parquetry flooring to master bedroom
- Gas heating as well as a custom-made pot belly in the main living area
- Solar hot water system with instantaneous gas booster
- Security flyscreens on all opening doors and windows
- Security alarm
- Smart wiring/networking cables throughout
- Ducted evaporative A/C throughout
- Reverse cycle A/C in the master bedroom
- Cold water plumbing to fridge recess

Outdoor features:
- Deep verandas surround the outside of the home
- A large wood-fired pizza oven with liquid limestone flooring overlooks a huge koi pond
- Outdoor workshop and storage area
- Second courtyard area/herb garden
- Various fruit trees
- Gardens reticulated off the bore

A brilliant property with so many choices, you simply couldn’t go wrong.

Keep or develop - this is a gem for your portfolio!

PROPERTY PARTICULARS:

Land Area | 605 m²
Built Up Area | 171 m²
Parking | Double Carport
Year Built | 1950
Zoning | R40

2022 - 2023 OUTGOINGS:

City of Melville | $1,643 Per Annum
Water Corporation | $1,120 Per Annum