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Overview
Set on a generous 1,028 square meter block with flexible R20/R40 zoning, this property at 894 Wanneroo Road offers a prime development opportunity for investors and visionaries alike. The spacious land allows for potential subdivision or the addition of new dwellings at the rear, subject to council approval, enabling buyers to tailor the project to their strategic plans.
The existing dwelling, a four-bedroom, one-bathroom home dating back to 1973, is presented "as is," making it ideal for those looking to renovate or redevelop. Its existing structure can be either retained with enhancements or replaced, offering versatility in approach and investment strategy.
This property is well-situated within the Wanneroo community, providing convenient access to key local amenities. These include seamless proximity to the Wanneroo Civic Centre and Wanneroo Central Shopping Centre, both just minutes away, and health services such as Joondalup Health Campus within roughly a 10-kilometre drive. Educational institutions ranging from primary schools through to university — including Wanneroo Secondary College, Wanneroo Primary School, East Wanneroo Primary, and Edith Cowan University Joondalup Campus — are all easily accessible, catering well to families and those prioritising educational convenience.
Lifestyle and recreation options abound with nearby facilities such as Wanneroo Botanic Gardens, Wanneroo Recreation Centre, and Wanneroo Aquamotion providing opportunities for active, community-oriented living. The close presence of natural attractions like Lake Joondalup and Yellagonga Regional Park offers scenic options for walking and cycling, enhancing the property’s appeal for those who appreciate access to nature.
- Spacious 1,028sqm land with R20/R40 zoning affording development flexibility
- Existing four-bedroom home provides immediate accommodation or redevelopment possibilities
- Conveniently located to shopping, health facilities, and a variety of educational institutions
- Nearby recreational, community, and natural amenities enrich lifestyle options
- Ideal for renovators, developers, and investors looking to capitalize on growth potential
With council rates at approximately $1,813 per annum and estimated rental income from $750 per week, this property presents a compelling package for investment or development pursuits. Its substantial land size combined with strategic location makes it an opportunity worth consideration for those seeking a foothold in the Wanneroo market.
Local Market Insights
In Wanneroo, Quiet Listings observed 74 new houses entering the market over the last 30 days, down from 80 during the previous 30-day period, with an average advertised asking price of $1,013,730. The property type mix of listed properties is predominantly Houses at 66%, followed by land (21%), and commercial properties (11%). abrealtywa.com was the most active agency in this area, representing 26.9% of all new listings in the last 30 days. 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
Wanneroo WA 6065