The Phone Code for this property is: 80337. Please quote this number when phoning or texting.

Developers and savvy investors - secure this elevated 774 m² landholding in Booragoon. Strategically located where the City of Melville is actively reviewing Local Planning Scheme and residential densities to support R50.

With a solid 3-bedroom, 1 bathroom home providing holding income today, this site offers clear upside as the Booragoon/Melville City structure planning and scheme review progresses, subject to statutory approvals.

Walk to Westfield Booragoon, parks, schools and transport, and design your next property or grouped property project when the new planning framework is approved.

This property is being sold "as is". Immediate leasing opportunity is available.

Strategic Planning and Future R50 Potential:

• The City of Melville is in the midst of a review of Local Planning Scheme No. 6, which governs how residential land like Rankin Way can be used and developed.

• As part of this, Council has endorsed a program focused on accommodating population change, supporting infill housing and ensuring development is appropriately scaled and integrated with existing neighbourhoods.

Location and Lifestyle:

• Situated in the sought-after Applecross Senior High School intake area, with convenient access to quality primary schools and tertiary education routes.

• Easy reach of Perth CBD and Fremantle via major arterials, with strong public transport links focused on the Melville City Centre and Canning Highway corridors.

• Amenity-rich environment with parks, reserves, sporting facilities and the rapidly evolving Westfield Booragoon retail and entertainment hub all close by.

Disclaimer: Buyers should conduct their own enquiries with the City of Melville regarding zoning and redevelopment potential.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.