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Overview
Set on an elevated 792sqm block in one of Mount Pleasant’s most prestigious pockets, this substantial family home and landholding presents both immediate practicality and future potential. The property boasts an impressive 27m frontage, offering ample space and strong street presence for a residence designed around generous living and entertaining.
The existing residence, updated over time, provides spacious accommodation with five bedrooms, two bathrooms, and two living areas spread over two levels. Outdoor living is enhanced by an alfresco area and backyard, perfect for a welcoming family environment or casual entertaining. Recent updates to kitchen and bathroom areas support continued comfortable living and rental appeal.
Positioned to capture city views from the home's second level, the property’s elevation enhances both lifestyle and design opportunities. With the land’s R20 zoning, there is the possibility of future development into a duplex, subject to planning reforms and approvals, making it an attractive holding for buyers with development aspirations.
Currently rentable with an estimated weekly income of $850 to $900, this home offers a valuable source of holding income while owners plan their future vision. Surrounded by luxury homes, the site is ideal for families seeking a generous, elevated block with flexibility for today and tomorrow.
- Elevated 792sqm block with 27m frontage
- Five spacious bedrooms and two bathrooms
- Two-level living with city views
- Updated kitchen and bathrooms for enhanced practicality
- Alfresco and backyard areas for outdoor lifestyle
- R20 zoning presents future development potential
- Currently rented with steady income potential
This property caters well to families looking for a lifestyle home with possibilities for expansion or redevelopment, as well as investors seeking a sound asset with steady rental returns and capital growth potential tied to location and land size.
Local Market Insights
In Mount Pleasant, Quiet Listings observed 17 new houses entering the market over the last 30 days, down from 33 during the previous 30-day period, with an average advertised asking price of $2,735,294. The property type mix of listed properties is predominantly Houses at 63%, followed by apartments (26%), and villas (6%). The most active agency for houses in the Mount Pleasant area is currently Ace Realty, representing 35% of new listings, followed by Haiven Property with 24%. 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 Pleasant WA 6153
Market Insights for Mount Pleasant WA 6153
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