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Overview
Westminster
Located in the rapidly evolving suburb of Westminster, this property at 20 Deering Street presents a unique opportunity to acquire a substantial 728 square meter block zoned R40. This zoning allows for multiple development possibilities, subject to council approval, making it an attractive prospect for developers, builders, and investors alike.
Situated just 11 kilometers from Perth's Central Business District, the property benefits from a prime location within a tightly held pocket. The wide frontage of the land offers an efficient and workable site, with neighboring blocks already developed into multi-dwelling sites, providing a proven development template.
The existing residence is a three-bedroom, one-bathroom home featuring a study and multiple living areas. Built in 1963, the home occupies a building size of 92 square meters. Currently tenanted on a periodic lease at $550 per week, the property offers immediate rental income, allowing new owners to generate revenue while planning and obtaining necessary development approvals.
The location is highly convenient, with close proximity to essential amenities and services. Residents will appreciate easy access to Northlands Plaza Westminster, St Gerard's Catholic Primary School, The Square Mirrabooka, Nollamara Shopping Centre, Stirling Leisure Centre, Des Penman Reserve, and the Nollamara Sports and Recreation Club. This established, amenity-rich area is ideal for future residents and adds to the property's appeal.
Additional property features include close access to schools, shops, and transport options, enhancing lifestyle convenience. Council rates are approximately $1700.24 annually, with water rates around $1153.57 per annum.
This property represents a rare combination of land, location, and income in Westminster. Opportunities of this nature are uncommon in this sought-after suburb, making it a compelling proposition for those looking to capitalize on the area's growth and development potential.
Whether you are looking to develop, invest, or secure a home in a thriving community, 20 Deering Street offers a versatile and promising opportunity. The property's strategic location, development zoning, and existing rental income create a solid foundation for future growth and value enhancement.
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
Westminster WA 6061
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 92 m² |
Market Insights for Westminster WA 6061
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