Finding a property that seamlessly combines space, solid immediate returns, and genuine future upside is a rare find in today's market. Positioned on an expansive 847sqm block with R40 zoning in a highly connected Midvale location, 6 Victoria Parade is packed with value. Whether you are looking for a spacious place to call home, a smart landbank opportunity, or a high-yield investment with potential to develop up to 4 units (STCA), this property delivers an unmatched canvas for your next move.
Existing 3x1 House:
Built with classic brick-and-tile construction and kept in great condition, this solid residence offers fantastic versatility. The home features three well-sized bedrooms, a light-filled living area, a dedicated dining space, and a functional kitchen packed with generous cabinet storage. Completing the floor plan is a fully tiled bathroom, a separate toilet, and a massive laundry room.
For investors, this property presents a lucrative, high-return setup: each room features its own split-system air conditioner (mostly brand new), making it ideal for a sharehouse concept where you can lease out rooms individually to maximize weekly income. Note: Only one bedroom requires new carpet.
Massive 847sqm Block:
The real standout is the impressive 847sqm parcel of land featuring a ~15-metre frontage. Zoned R40 under local planning guidelines, the site holds major development upside with the potential to build up to 4 units (subject to council and relevant approvals). Whether you retain the front home and build, completely redevelop, or design your dream family residence with a massive backyard, the choice is yours. The site is fully serviced with mains water and mains gas connected.
Prime Location:
Situated within the Shire of Mundaring, this property delivers everyday lifestyle convenience alongside strong regional connectivity. Enjoy fast access to major retail hubs including Midland Gate Shopping Centre, Centrepoint Midland, and Midvale Central. Families and students are well-catered for with St Brigid's Primary School, La Salle College, Governor Stirling Senior High School, and North Metropolitan TAFE (Midland Campus) all nearby. Commuters will love the quick connections to Midland Station, Perth Airport, the Swan Valley, and the Perth CBD via key arterial roads.
Key Features:
+ Generous Landholding: 847sqm block with a ~15m frontage
+ Development Potential: R40 zoning with potential for up to 4 units (STCA)
+ Existing Structure: Solid, well-maintained 3-bedroom, 1-bathroom brick-and-tile home
+ High-Yield Setup: Individual split-system air conditioners in every room (mostly brand new) - ideal for room-by-room sharehouse leasing
+ Functional Living: Spacious main living area, separate dining, and a fully tiled bathroom with a separate toilet
+ Kitchen & Service Areas: Kitchen with ample storage space and a massive laundry room
+ Serviced Lot: Mains water and mains gas connected
+ Unbeatable Connectivity: Minutes to Midland Gate, Midland Station, TAFE, local schools, Perth Airport, and the Swan Valley
Council rate: approx. $583.60 p.q.
Water rate: approx. $242.42 p.q.
Don't Miss This Opportunity! Properties with this size, location, and development potential do not last long.
Contact Amir Mozafari today to arrange your private viewing or to request full property details before it's gone!
Amir Mozafari on 0473 440 840
