Positioned in one of Perth's most tightly held pockets, this freshly repainted residence presents an exceptional opportunity to secure a quality home with outstanding future potential. Zoned R60/R80 and benefitting from valuable rear lane access, this is a rare offering that appeals to families, investors, developers and land bankers alike, with the opportunity to explore a higher density, multi dwelling development, subject to council approval. Offering comfortable living today with exciting opportunities for tomorrow, this is a property that combines immediate lifestyle appeal with exceptional long term upside.
Freshly repainted throughout, the home is move in ready and offers a practical floorplan with generous accommodation, a flexible second living area or fourth bedroom and an expansive backyard framed by established greenery. Whether you're looking for a home to enjoy immediately, lease out while planning your next move, or simply secure a premium parcel of land, this residence delivers flexibility, practicality and long term value.
Beyond its immediate appeal, the true value of this property lies in its exceptional development potential. With sought after R60/R80 zoning, valuable rear lane access and a generous 637sqm landholding, this site offers buyers the opportunity to unlock a significantly higher residential density than the existing residence, subject to council approval. The zoning provides scope to explore a multi dwelling development, while the rear lane access offers additional flexibility for future site design and vehicle access. Whether you're looking to rent the home immediately while preparing future plans, land bank in a blue chip location, or enjoy living in the home while exploring redevelopment opportunities over time, this is a rare opportunity to secure a property that offers both immediate lifestyle appeal and outstanding long term upside.
Conveniently located adjacent to the prestigious suburb of Subiaco, this outstanding property combines lifestyle, investment appeal and future development potential in one exceptional package.
FEATURES
• Freshly repainted throughout
• Zoned R60/R80 with outstanding development potential (subject to council approval)
• Valuable rear lane access
• Generous 637sqm landholding
• Flexible living area or fourth bedroom
• Space for 4+ cars
• Expansive backyard with established greenery
• Comfortable to move straight into or lease immediately
• Excellent investment or land banking opportunity
• Opportunity to explore the addition of an ancillary dwelling (granny flat), subject to council approval.
• The property also offers flexibility to create a space that could suit a teenage retreat, home office or studio, subject to the necessary approvals.
LOCATION
• Approximately 350m to Daglish Train Station
• Approximately 300m to Coles Local at Shenton Quarter
• Approximately 250m to Jellybeans Child Care directly across the road
• Approximately 2km to Kings Park
• Approximately 5km to Floreat Beach
• Approximately 4km to the Perth CBD
• Walking distance to cafés, restaurants and everyday conveniences
• Easy access to the QEII Medical Precinct and major transport links
SCHOOL CATCHMENT
• Jolimont Primary School - approximately 300m
• Shenton College - approximately 1.2km
TITLE DETAILS
• Lot 387 on Plan 205056
• Volume 1839 Folio 601
• Land Area: 637sqm
• Built: 1948
• Council: City of Subiaco
• Zoning: R60/R80
OUTGOINGS
• Council Rates: Approx. $2,004.13 per annum
• Water Rates: Approx. $1,228.72 per annum
RENTAL ESTIMATE
• Estimated rental return of approximately $1,000 per week
For more information or to arrange a viewing, contact Kalin today.
DISCLAIMER
This information is provided for general information purposes only and is based on information supplied by third parties, including the seller and relevant authorities. While believed to be accurate, interested parties should rely on their own enquiries.
Any information relating to zoning, development potential or future use is provided as a guide only. Prospective purchasers should make their own enquiries with the relevant local planning authority and obtain independent professional advice to satisfy themselves as to the suitability of the property for their intended use or development prior to purchasing.
Some marketing images may have been digitally enhanced or virtually staged using artificial intelligence (AI) for illustrative purposes only. Furniture, furnishings and decorative items shown in these images may not be present at the property. Purchasers should rely on their own inspection of the property rather than any digitally altered images.
