166 London Street, Joondanna, WA, 6060

Under Offer

166 London Street, Joondanna, WA, 6060

UNDER CONTRACT

692 m²

House

•

30+ days on the market

What's around 166 London Street

Prime R40 Development Opportunity on 692sqm

Set on a substantial 692sqm parcel in a well-connected pocket of Joondanna, 166 London Street presents a compelling opportunity for developers, builders and investors seeking a site with genuine future potential. Zoned R40 under the City of Stirling Local Planning Scheme, the property offers strong scope for redevelopment (subject to relevant approvals) in a high-demand infill location. The opportunity is further reinforced by established precedent next door, where a 6-unit development has already been completed-clearly demonstrating the site's potential and providing a strong blueprint for future outcomes. The rectangular configuration enhances design flexibility, allowing for efficient planning and maximising end value. Positioned close to local shopping precincts, cafés, parks and public transport, and with convenient access to the Perth CBD, this is a strategic landholding within a suburb continuing to experience consistent growth and redevelopment. Whether you are looking to develop immediately or land bank for the future, this is an opportunity not to be overlooked. Development Highlights • 692sqm land holding in a high-demand inner-northern suburb • Zoned R40 under the City of Stirling Local Planning Scheme • Strong redevelopment potential (subject to council and WAPC approvals) • Neighbouring property developed into a 6-unit site-clear precedent established • Rectangular site offering flexible and efficient design outcomes • Ideal for developers, builders, investors or land bankers • Property subject to road widening requirements • Located within a strong long-term development corridor with ongoing infill demand Location Advantages • Convenient access to the Perth CBD • Walking distance to shops, cafés and restaurants (Dog Swamp & Flinders square) • Nearby parks and recreational spaces • Well serviced by public transport routes • Easy access to major arterial roads and freeway connections • Within the catchment for Coolbinia Primary School • Within the catchment for Dianella Secondary College PROPERTY PARTICULARS: Shire Rates: $1,723.98 pa Water Rates: $1,222.92 pa City of Stirling