Morgan and Hayes Real Estate is delighted to present 521 Karrinyup Road, Innaloo - an exciting development opportunity in one of Perth's thriving suburbs. This property offers an expansive 1159 sqm block, zoned R40, providing endless possibilities for developers and investors.
The existing home is a solid, two-story brick and tile residence with spacious living areas, offering potential for renovation or as a rental income generator while planning your future development. Featuring multiple bedrooms and living spaces, the house itself is full of character and charm, making it perfect for families or groups seeking room to grow. The interiors boast vintage design elements, including a large retro-style kitchen and ample storage, along with generously sized living and dining areas. The home's two-story layout offers flexibility, with a balcony upstairs providing views of the surrounding area.
Outside, the property's extensive grounds are a blank slate, ideal for landscaping or redevelopment. With the zoning allowing for potential subdivision, this site is ready to be transformed into a modern development of townhouses or units (subject to council approval).
The location is highly sought after, positioned close to popular shopping hubs such as Karrinyup Shopping Centre, schools, parks, and public transport options, making it a prime candidate for future growth. Innaloo itself is a fast-evolving suburb, attracting developers and homebuyers alike for its proximity to Perth's CBD and coastal amenities.
Whether you're looking to renovate, invest, or develop, this property offers a rare opportunity in a prime location. Don't miss your chance to secure this exciting prospect.
Contact Morgan and Hayes Real Estate today for more information or to arrange a viewing of 521 Karrinyup Road, Innaloo.
