Back 358 Railway Parade
Off Market

358 Railway Parade

Beckenham WA 6107

2
2
1115 m²
House
Last sold for $1,200,000
Matt HughesMatt Hughes, last sold this property on 29 April 2026 after 14 days on market.

Overview

Prime Transit Oriented Development Opportunity - R100 Zoning

Located directly opposite the brand-new Beckenham Train Station, 358 Railway Parade, Beckenham presents an exceptionally rare opportunity to secure a high-density development site in one of Perth's rapidly evolving urban corridors. Set on a substantial 1,115sqm landholding, this property combines immediate holding income with significant future development potential - making it ideal for developers, investors, or owner-operators seeking flexibility and long-term upside. The property currently benefits from a unique legacy configuration, with two street-front commercial tenancies (both leased as restaurants) and a rear dwelling currently utilised as office space, offering versatility for both residential and business use. Development & Zoning Highlights (R100): Zoned R100 - Residential, this site opens the door to a range of higher-density development outcomes (subject to approvals), including: • Potential for multiple dwellings, townhouses, or grouped housing • Scope for apartment-style development (potentially 3-5 storeys, subject to local planning framework) • Approximate density guidance of up to 1 dwelling per 100sqm • Strong suitability for transit-oriented development (TOD) given immediate train station access • Rectangular landholding with excellent street exposure Existing Improvements & Income: • Two street-front shopfronts, both currently leased to restaurant operators • Rear residential dwelling / office space, offering flexible use • Holding income potential while planning future development Location Highlights: • Directly opposite Beckenham Train Station (newly upgraded) • Easy access to major roads and transport links • Close proximity to Westfield Carousel Shopping Centre, local retail, cafes, and restaurants • Positioned within a high-growth corridor with ongoing infrastructure investment Important Information: • The property is currently zoned residential (R100) and not approved for new commercial development • Existing commercial use reflects a legacy zoning arrangement • Any future use or redevelopment is subject to relevant approvals, including local council and/or WAPC (Western Australian Planning Commission) • Buyers are strongly encouraged to undertake their own due diligence prior to making an offer The Opportunity: Whether you're looking to: • Develop and capitalise on high-density zoning • Landbank in a high-growth, transit-linked location • Run a business from the front while living or operating from the rear 358 Railway Parade, Beckenham represents a truly versatile and rare offering that is becoming increasingly difficult to secure. With strong interest anticipated and a compelling price guide, this is an opportunity not to be missed. Contact Matt Hughes - 0401 459 405

Features

2 bedrooms
2 bathrooms
1115 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Beckenham over the last 12 months, the estimated median property value of 358 Railway Parade is $720k.

Median value
$720k
Estimated value range
$490k - $1.2m
Median days on market
39
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Beckenham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 358 Railway Parade

2026
Sold
$1,200,000
29 Apr 2026 by Matt Hughes, of Neon Property Group

Happy sellers in Beckenham

89%
89% of sellers in Beckenham reported that their sale price either exceeded or met their price expectations.

Beckenham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Beckenham over the last 12 months.

Local market activity for 2 bedroom houses in Beckenham

In the last 12 months, 4 two-bedroom houses similar to 358 Railway Parade, have been sold.

This represents a 64% increase in two-bedroom houses sales when compared to the previous 12 months.

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