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377 Warwick Road, Greenwood

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property ID: 4186760 | property type: House


First time offered and a seriously wonderful development opportunity. (INFORMATION MEMORANDUM AND FEASIBILITY DOCUMENTS PREPARED BY STRATA WISE NOW AVAILABLE)

Just scraping into the new current housing opportunity within Greenwood Village is this level, corner, R20/40 block offering TWO street frontages and only 18kms to the CBD either for a discerning local or overseas developer. Maybe this is a choice for a family wanting a large site for a dream home close to everything - shops, schools, transport and medical services. Triplex or duplex potential depending on building approvals.

With this being an identified "baby boomer" suburb full of homes 40 years +, there is a need for smaller homes like a duplex/triplex development in order to allow these residents to stay within the areas that they know and love. Maybe it is you?

Our close professional dealings with the BGC Residential Group allow for us to offer you options for suitable building plans.
Strata Wise have designs good to go- or perhaps bring your own plans?

How hard can it be? We work closely within the house and land market so we can offer you sound advice/timelines/costings etc. The owner wishes to stay on until site and design plans have been approved so we could incorporate this into part of the deal if required.

This property has the dimensions of 14.18m West (Allenswood) 31.18m Northern rear, 24.24m East, 21.12m South(Warwick Road) and a truncation of 14.22 between Allenswood /Warwick Roads and falls into the R20/40 zoning. This makes a potentially up to a three dwelling site, subject to council/WAPC approval.

As the building is in poor condition, the next logical step is to redevelop and make alternative and better use of this parcel.

An amazing location with Warwick Grove Shops within minutes on foot, Greenwood Village local shops a mere stroll away as well as the massive Kingsway Shopping Centre, Leisure Centre and Warwick Stadium. Several available bus routes are on Warwick Road, Greenwood Train station a couple of minutes by car, 1 minute access to main roads such as Wanneroo (by car), Marmion Ave, Hepburn Ave and Mitchell Freeway.

The wonderful coastline is also less than 10 minutes away by car – what a lifestyle this is.!

Infill development has taken off like a bullet so do the maths, the development and you’ll have a wide net of buyers including retirees who wish to downsize and stay in the area, first home buyers who do not want to live too far away from infrastructure plus everything in between due to the proximity of local schools and local employers.

With newly developed, smaller properties selling in the mid $400's within Greenwood and Warwick (also neighbouring suburbs such as Warwick, Kingsley, Hamersely and Padbury) and local residents wishing for a more manageable home on low maintenance blocks whilst wanting to remain here, this is such a good opportunity for the right person/family/syndicate.

Call Annie for a private chat on possible conditions of sale - including owner rent back) or Murray for residential plans and building advice. Murray can offer you building advice through Strata Wise, the BGC strata specialists.
Contact Agent

Annie Rodway-Cicero
M: 0407389522



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