Welcome home to 210 Marangaroo Drive, Girrawheen. Set on a substantial 692 square metre block and benefiting from sought-after R20/R40 zoning, this solid brick residence presents an exciting opportunity for investors, developers and owner-occupiers alike. Offering approximately 91 square metres of internal living space, the home features three bedrooms, roller shutters, split cycle air conditioning and an impressive covered outdoor entertaining area. With potential for a future two-lot subdivision (subject to council and WAPC approvals), this is a property that offers immediate usability alongside long-term upside.
Currently vacant with an estimated market rent of approximately $680 per week, purchasers can move straight in, lease immediately or explore the development potential available. New carpets and full internal repaint occurring shortly!
Property Highlights:
- 3 bedrooms | 1 bathroom | 1 car garage/carport
- Built in 1978
- 692 square metre block
- Approximately 91 square metres internal living space
- R20/R40 zoning
- Potential two-lot subdivision (subject to council and WAPC approvals)
- Light filled interiors throughout
- Functional kitchen with ample storage
- Split cycle air conditioning
- Roller shutters for added privacy and security
- Large covered rear patio ideal for entertaining
- Drive-through access to extensive rear parking and workshop space
- Large backyard with established fruit trees and lawn area
- Generous undercover parking suitable for multiple vehicles, trailers or boats
Investor Summary:
- Currently vacant
- Estimated market rent: approximately $680 per week
- Potential value-add through renovation and future development opportunities
- R20/R40 zoning provides flexibility for future land use outcomes (subject to approvals)
- HouseSmart Real Estate is ready and able to provide expert Property Management Services throughout settlement and beyond.
Location Summary:
- Approximately 500 metres to Girrawheen Senior High School
- Approximately 1.5 kilometres to Hudson Park Primary School
- Approximately 2 kilometres to Newpark Shopping Centre
- Approximately 4 kilometres to Marangaroo Golf Course
- Approximately 7 kilometres to Kingsway City Shopping Centre
- Approximately 15 kilometres to Perth CBD
- Convenient access to Wanneroo Road and Reid Highway
Why you'll love it!
Properties offering this combination of land size, zoning flexibility and immediate rental potential are becoming increasingly difficult to find. Whether you're looking to secure your next investment, undertake a renovation project, landbank for the future, or explore subdivision opportunities, 210 Marangaroo Drive presents outstanding potential in a well-established location.
Opportunities with development potential on blocks of this size do not last long.
