71 Armadale Crescent
Coolbinia, WA 6050

This exceptional property represents Coolbinia's largest residential block, offered for the first time in over fifty years. The land spans an impressive 1,872 square meters across two separate titles, providing a rare and significant opportunity in one of Perth's most tightly held suburbs.

Set behind an original 1920s character home, the true value of this offering lies in the expansive land. The property is divided into two substantial lots measuring 870 square meters and 1,002 square meters respectively. This unique configuration offers flexibility for a variety of development or renovation options.

The site benefits from a favourable northern frontage, enhancing natural light and energy efficiency. Additionally, the elevated rear position opens potential for city views from a second storey, subject to council approval (STCA). This combination of features is both rare and highly desirable, offering a canvas for a landmark residence or multiple high-end homes.

Potential buyers have several options to consider, including extensive renovation or restoration of the existing 1920s home, demolition and redevelopment of both lots into two new residences, or the construction of a bespoke, large-scale family home spanning the entire landholding. There is also the possibility to purchase and utilise each lot individually, subject to relevant approvals.

The location is highly sought after, situated in a tightly held pocket of Coolbinia surrounded by quality homes and established streetscapes. Residents will enjoy close proximity to local parks, schools, and lifestyle amenities, with easy access to the Perth CBD and major transport routes.

Title details include two separate titles: Lot 689 and Lot 714 on Plan 5723, Volume 1805 Folio 167. Approximate outgoings include council rates of $2,341 per annum and water rates of $1,537.25 per annum, totaling approximately $3,878.25 annually.

This property offers a rare and flexible opportunity to secure a significant landholding in a prime location, with options to renovate, rebuild, or redevelop according to the buyer's vision and requirements.