Positioned in a quiet cul-de-sac, this substantial 744m² R20/R60-zoned property presents an outstanding opportunity for developers, investors and buyers seeking significant future potential.
The site is particularly well suited to exploring a two or three dwelling development, subject to detailed design, feasibility, WAPC, local authority and all other relevant approvals. The zoning may allow other development configurations; however, the primary appeal is the potential to create a practical and well-designed two or three-dwelling project.
The existing three-bedroom, one-bathroom home is currently tenanted, with the tenant keen to remain. This provides valuable holding income while plans and approvals for a future development are considered.
James Cook Park is located a short distance down the road, while Whitfords Shopping and Entertainment Centre is also within easy walking distance, offering major retailers, restaurants, cafés, cinemas and medical facilities. St Mark’s School, public transport and popular beaches.
Whether you are looking to develop in the near future, retain the property as an investment or secure a sizeable development site in this excellent location, this is an opportunity worthy of serious consideration.
PROPERTY HIGHLIGHTS
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Substantial 744sqm block
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Highly desirable R20/R60 zoning
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Strong potential for a two or three-lot subdivision or townhouse development
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Located within a proven R60 development pocket
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Existing three-bedroom, one-bathroom residence
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Currently tenanted, with the tenant keen to stay
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Holding income while planning a future development
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Quiet cul-de-sac position
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James Cook Park located just down the road
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Walking distance to Whitfords Shopping and Entertainment Centre, St Mark’s School, public transport and
in close proximity to beautiful beaches
Barney has successfully marketed and sold a number of development sites and completed projects within this particular pocket of Hillarys, giving him valuable insight into the types of developments that appeal to buyers and can support strong end values in this location.
Contact Barney to discuss the development possibilities or learn more about comparable developments within this R60 precinct.
Buyers are encouraged to undertake their own investigations regarding subdivision and development potential with the City of Joondalup, the Western Australian Planning Commission and their preferred planning or development consultants.
Disclaimer:
Whilst every care has been taken in the preparation of this information, Listed Estate Agents accepts no responsibility for its accuracy. Interested parties should make their own enquiries and rely on their own independent advice. Some photographs may have been digitally enhanced or altered using AI technology, including the removal of certain items, and may not represent the property in its current condition.
