A Rare Development Opportunity - 1012m² R40 Site
For The First Time In Generations.... this prime 1012m² R40-zoned block is on the market, and being one of the last remaining development sites in this highly sought-after pocket. Held by the same family for decades, this is a rare chance to secure something truly special in this incredible location.
With subdivision potential for 3 or more new homes (subject to relevent approvals), the land offers a gentle flow and is primed for development. Alternatively, the solid 1950s character home, in very tidy and rentable condition, offers the flexibility to landbank while generating income for years to come.
Why This Location Stands Out
- Blue-chip investment area surrounded by modern high-end homes and beautifully renovated character residences
- 5-minute walk to Preston Street Shopping Precinct - cafés, restaurants, boutique stores, and daily conveniences
- Swan River lifestyle with the South of Perth Yacht Club & Royal Perth Golf Club nearby
- 10 minutes to Perth CBD, with easy access to Burswood and Crown Entertainment Precinct
- Prestigious education options - within the catchment for multiple private schools and close to WA's top universities
This is a rare chance to secure a high-growth development site in a premium location. Whether you develop now or hold for future capital appreciation, this is an investment that will continue to deliver.
Disclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.
