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Sold $355,000

Sold
Description

UNDER OFFER BY SIOBHAN MICALE

Prime Mixed Use Development in Growth Area!

This exciting property is being offered for sale with an existing shopfront on a 324sqm green titled block, in the Webber Street Precinct of the up and coming suburb of Willagee.

This property offers many options; renovate the existing shop, previously tenanted by the local butcher for many years, and use the existing building to bring this property back to life. Or take advantage of the Mixed Use Development under The City of Melville “Willagee Structure Plan” – 7.3 Webber Policy Area, whereby this 324sqm green titled block is ripe for development (STDA). With an R60 zoning (Centre C4) the structure plan allows for up to 4 stories (maximum 16 m in height) with residential/commercial use.

Willagee has become a well sought after suburb with a strong community seeking opportunities to shop local and be provided with multiple services. With the recent change in R codes, this suburb is becoming revitalised and represents an exciting opportunity for those seeking a potential for long term financial security.

For further information please contact Selling agent, Siobhan Micale, for further details.

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