Nestled in one of Midland’s most convenient and connected locations, 19B Charles Street is more than just a charming 2-bedroom, 1-bathroom home; it is a blank canvas brimming with possibilities. From retaining its cosy character to transforming the property into a contemporary development that redefines the neighbourhood, the options are as diverse as they are exciting. With its R60/80 zoning, this 602 sqm block invites visionary homeowners, developers, and investors to dream big.

In this editorial, we delve deeper into the six unique paths you can take with 19B Charles Street. Each choice offers a distinct way to unlock its potential and build something extraordinary.

Option 1: Embrace the Charm of the Existing Home

At its heart, 19B Charles Street is a delightful home that captures the essence of Midland’s suburban lifestyle. The bright, airy open-plan living area seamlessly integrates the kitchen, dining, and lounge spaces, making it ideal for those who appreciate simplicity and functionality. With two cosy bedrooms and an expansive backyard, this property is ready to provide comfort and convenience.

Why Keep It As Is?

For first-time buyers or those seeking a manageable and affordable home, 19B Charles Street delivers. It’s also a perfect rental property, offering stable income in an area with high demand. With minimal effort required to maintain its charm, the home offers an immediate and hassle-free living experience.

Option 2: Expand and Redefine

As families grow, so too do their needs. The spacious block at 19B Charles Street provides ample opportunity to extend the existing home, creating the extra room and functionality that modern households require. Whether it’s a master suite, additional living spaces, or an alfresco area for year-round entertaining, the possibilities are endless.

The Benefits of an Extension:

Expanding the home allows owners to retain its character while adapting it to meet contemporary demands. This approach not only enhances day-to-day living but also significantly boosts the property’s value. With the flexibility to design a layout tailored to specific needs, this option is perfect for those wanting to stay put while growing their investment.

Option 3: Add a Secondary Dwelling for Income or Lifestyle

The inclusion of a granny unit is a game-changer. By adding a secondary dwelling, owners can cater to multi-generational living, provide a retreat for guests, or create a steady income stream through rental opportunities. The expansive lot and zoning make this option both feasible and appealing.

Key Advantages:

With Midland’s dynamic rental market, a well-designed granny flat can generate consistent revenue, covering mortgage costs or funding other ventures. It also adds versatility to the property, ensuring it meets evolving lifestyle needs.

Option 4: Build and Retain

The R60/80 zoning at 19B Charles Street is a developer’s dream. This zoning permits innovative projects that enhance the property’s utility while maintaining the existing home. By adding a new dwelling, owners can capitalise on the demand for well-located housing in Midland.

Why Build Another Home?

• Dual-income potential: Rent both homes to maximise returns.
• Flexibility: Live in one while renting the other.
• Future-proofing: Create a multi-generational living arrangement with distinct spaces for family members.

This option is a practical choice for developers and families alike, offering the chance to leverage the site’s full potential while maintaining its existing value.

Option 5: Start Fresh with a Bold Vision

Sometimes, progress means starting anew. By demolishing the existing home, you unlock the full potential of the 602 sqm block. Develop multiple home units tailored to modern living, catering to Midland’s growing demand for housing. Whether it’s a boutique apartment complex or stylish townhouses, the zoning permits creative solutions.

A Developer’s Dream:

This option provides the highest return on investment by maximising the block’s capacity. Thoughtful design can cater to a range of buyers, from young professionals to retirees. It’s an opportunity to create something iconic in a vibrant and evolving neighbourhood.

Option 6: Go Big by Acquiring the Front Property

For those with a bold vision, acquiring the front property and combining the lots takes the possibilities to an entirely new level. Imagine a cohesive, large-scale development that redefines the street and delivers substantial returns.

Why Combine Lots?

• Increased design freedom for ambitious projects.
• A seamless, unified development that maximises space and zoning benefits.
• The ability to meet Midland’s demand for innovative housing solutions.

This approach is ideal for developers looking to leave a lasting legacy while making the most of this prime location.

A Location That Works For You

19B Charles Street offers more than just development potential. Its prime location ensures that whatever path you choose, the lifestyle benefits are unmatched. Nestled close to Midland Gate Shopping Centre, public transport, and major arterial roads, the property connects you to Perth Airport, the Swan Valley, and beyond. Educational institutions, parks, and local markets further enrich the living experience.

Nearby Amenities:

• World-class wineries and dining in the Swan Valley
• Midland Train Station for easy commutes
• Schools and tertiary institutions
• Vibrant markets and boutique shopping
• Recreational spaces for families and fitness enthusiasts

The convenience of 19B Charles Street makes it an attractive option for homeowners and tenants alike, ensuring that any investment here reaps rewards.

Conclusion: Realise the Potential

Whether you’re an individual seeking a home with charm and flexibility or a developer with an eye for opportunity, 19B Charles Street is your gateway to possibilities. Each of the six options outlined offers a distinct way to unlock the property’s potential, catering to diverse needs and ambitions. From preserving its current character to transforming the block into a vibrant new development, the choice is yours.

Act Now to secure this incredible property. Contact Gregory Swiatek today at 0414 260 457 or gregory.swiatek@raywhite.com to discuss how 19B Charles Street can become the foundation of your next great venture. Let’s build the future together!