Overview
This property offers a rare opportunity to acquire a substantial 1,012sqm green titled lot in the highly sought-after riverside suburb of Mount Pleasant. Its convenient location places residents within easy reach of scenic riverfront foreshore walks, Deep Water Point, Blue Gum Lake, and a variety of local amenities including Bull Creek train station, Good Grocer supermarket, cafes, and shops, fostering a lifestyle balanced between tranquility and connectivity.
The site’s R20 zoning unlocks considerable potential, catering to a range of aspirations from building a bespoke family residence to leveraging subdivision possibilities. The existing home, rich in character, provides a foundation for creative transformation or redevelopment, ideal for buyers seeking to add value through renovation or take on an engaging development project.
The location enhances lifestyle appeal, with seamless access to Westfield Booragoon and major freeways supporting efficient travel north or south. Educationally, the property is strategically positioned within the dual catchments of Applecross and Rossmoyne Senior High Schools, complemented by proximity to esteemed private institutions such as All Saints’ College, Corpus Christi College, Penrhos College, Aquinas College, and Wesley College.
Overall, this property will resonate with savvy buyers and families keen on securing a prime assemblage of land with promising future development prospects in an enviable riverside setting, offering both immediate enjoyment and long-term asset growth.
Local Market Insights
In Mount Pleasant, Quiet Listings observed 28 new houses entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $2,913,929. The property type mix of listed properties is predominantly Houses at 61%, followed by apartments (23%), and townhouses (7%). The most active agency for houses in the Mount Pleasant area is currently Ace Realty, representing 21% of new listings, followed by Banovich Hillman with 14%. 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.