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SHOALWATER

122 Safety Bay Road, SHOALWATER

Under offer by Sharon Davey

This substantial brick and tile home is set on a one thousand, one hundred and sixty four square metre block with development potential in one of the areas most sought after suburbs and offers the astute buyer several options. You could choose to live in the home as is and enjoy the space with plenty of parking for your vehicles, boat, caravan or what have you. Alternatively, you may choose to rent the property out (remember the Perth rental market at the moment is HOT!) and 'land bank' the property while you consider your development options. Currently, the block is zoned R40 which would allow for three to four units to be developed on the block. In addition, there is the option to apply for an 'over 55's' development which would allow for a higher density code allowing additional ...