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Overview
This property offers a rare and significant opportunity within Bassendean’s sought-after Avenues precinct, presenting an expansive 1,012 square metre rectangular block zoned R20/40. Its generous frontage and depth provide appealing options for redevelopment, renovation, or landbanking in an established residential area.
At the front of the property stands a circa-1948 two-bedroom, one-bathroom residence featuring a built-in verandah, ducted evaporative air conditioning, two split-system air conditioners, and solar panels. This existing home remains comfortably liveable, affording immediate occupation or income potential while longer-term development possibilities are explored.
The property's layout with access on both sides and abundant rear space lends itself well to various development scenarios, whether retaining the home and building behind, redeveloping the entire site, or holding the land for future investment. Such flexibility suits developers, investors, and those seeking to capitalize on a significant landholding in a stable community.
Situated close to local amenities including cafés, shops, schools, parks, and public transport, with easy access to Bassendean Train Station and Perth CBD, the location combines convenience with lifestyle. Proximity to the Swan River and recreational parklands further enhances the appeal for those valuing both accessibility and natural surroundings.
Ultimately, this property offers more than a home today—it presents substantial potential for future growth and redevelopment in a tightly held precinct where large parcels of land are increasingly scarce. Buyers are encouraged to perform due diligence on subdivision and development opportunities, making this an inviting prospect for those with visions beyond the immediate.
Local Market Insights
In Bassendean, Quiet Listings observed 26 new houses entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $1,003,115. The property type mix of listed properties is predominantly Houses at 70%, followed by land (10%), and villas (10%). The most active agency for houses in the Bassendean area is currently Jones and Co Property, representing 35% of new listings, followed by Reiwa with 15%. 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
Market Insights for Bassendean WA 6054
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