Positioned in the sought-after beachside precinct of Lake Coogee, just moments from the growing Cockburn Central shopping hub, St Jerome's Primary School, and a vibrant selection of dining and entertainment options, this impressive 1,327 sqm parcel offers outstanding potential.
With R40 zoning, approved structure planning, and WAPC approval for a 3-lot subdivision while retaining the existing rear home, most of the heavy lifting has already been done - allowing you to step straight into a ready-to-execute, high-return project.
Generate multiple income streams by developing the front lots while retaining or leasing the existing dwelling, or capitalise on strong buyer demand in this thriving location.
Why this is a standout investment:
• WAPC approved 3-lot subdivision (retain rear home) - reduce time, risk, and holding costs
• 1,327 sqm site with excellent development flexibility
• R40 zoning with structure planning in place
• Pre-subdivision work completed - accelerate your timeline
• Strong resale and rental demand in a high-growth corridor -Unmatched Opportunity - Nothing Else Compares
The possibilities are endless on this 1,327 sqm site, with the potential to subdivide into 2, 3, or 4 generous lots - or even sell one portion and develop the other. All options are subject to council approval (STCA).
Potential strategies include:
• Option 1:Renovate the existing home and enjoy spacious outdoor entertaining areas and a large shed.
• Option 2: Renovate while building on the front lot for future development.
• Option 3: Clear the site and create multiple lots - concept plans (3,4 or 6 lots - STCA) can be emailed, ideal for townhouses, in line with neighbouring developments.
• Option 5: Build a boutique development of two-storey apartments.
This is a rare, high-return opportunity: build and sell for immediate profits, develop and hold for strong rental income, or stage the project to maximise value.
With R40 zoning and WAPC approvals already secured, opportunities like this in Lake Coogee are exceptionally rare and in high demand.
Contact Kaj Arora on 0404 369 148 today to secure this prime investment-ready development site.
*Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Council Rates: $1,900 per annum (approx.)
Water Rates: $289.66 per annum (approx.)
