Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This property is a rare and substantial offering located on the elevated side of Buxton Street in Mount Hawthorn. It boasts an impressive frontage of 24.38 metres and is uniquely spread across two separate 491 square metre blocks, forming a multi-title lot. This configuration provides significant flexibility and potential for future subdivision, which is expected to be more straightforward compared to typical large single-title blocks, subject to all necessary approvals.
The existing home currently occupies both lots, offering a foothold in one of Mount Hawthorn's most sought-after and tightly held pockets. The multi-title setup is a standout feature, appealing to developers, investors, and long-term planners alike. The property presents a variety of options including renovation, rebuilding, retaining the current structure, subdividing, land banking, or creating a distinctive new development with strong capital growth prospects.
Investors will find the timing particularly compelling due to recent budget changes that emphasize new residential builds and the benefits of negative gearing. This opens up a conversation about the potential to develop two brand new homes on the site and hold them as investment properties, offering a strategic opportunity for portfolio growth.
The lifestyle benefits of this location are equally attractive. Situated between Menzies Park and Braithwaite Park, residents enjoy proximity to green spaces, playgrounds, and the family-friendly atmosphere that characterizes Mount Hawthorn. The local primary school is within easy walking distance, and the nearby café strip provides convenient access to dining, coffee, and bakery options, contributing to a vibrant community lifestyle.
Large land parcels are increasingly rare in this area, and having a sizeable multi-title lot with a wide frontage in an elevated position between two parks is exceptional. The property's location within walking distance to the school and café strip further enhances its appeal, making it a unique opportunity that deserves serious consideration.
The property is being offered via Set Date Sale, with all offers to be presented by 12pm on Wednesday, 8th July. Interested parties are encouraged to submit their offers promptly as the property may be sold prior to this date.
Local Market Insights
In Mount Hawthorn, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,706,125. The property type mix of listed properties is predominantly Houses at 75%, followed by townhouses (17%), and commercial properties (8%). Ray White is the only agency with property listings monitored during the period. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mount Hawthorn WA 6016
Market Insights for Mount Hawthorn WA 6016
Other properties in this postcode
