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266 Stirling Highway, Claremont WA 6010

AUCTION

Apartment 10 Beds 5 Baths 998 m²
Listed: 15 days ago
Updated: 15 hours ago
Overview

This distinguished Claremont corner site presents a rare and versatile real estate opportunity, blending substantial existing residential accommodation with future development potential under the R-AC1 zoning. Situated on a sizeable 998 square meter parcel at the prominent intersection of Stirling Highway and John Street, the property benefits from dual street frontages and excellent exposure, making it a standout in a sought-after urban precinct.

Currently comprising five apartments held by the same family since their construction, the existing dwellings require extensive renovation. This condition opens a pathway for purchasers interested in refurbishing to enhance their value and livability. Alternatively, developers are invited to explore the site’s potential for a mixed-use development, consistent with the Town of Claremont’s planning scheme that allows building heights up to nine storeys and a plot ratio of 3.0, subject to approvals. The zoning encourages commercial activity at street level with residential apartments above, offering rich design possibilities.

The property’s location within a culturally rich precinct, surrounded by heritage residences and landmark church buildings, adds architectural character that could inspire sensitive and contextual future developments. Its proximity to the Claremont Quarter, Bay View Terrace, and efficient public transport options including the Claremont Station enhances lifestyle convenience and connectivity to Perth’s broader metropolitan area.

Educational facilities abound in the vicinity with reputable schools such as Christ Church Grammar, Methodist Ladies College, and Freshwater Bay Primary, while tertiary education is accessible via the nearby University of Western Australia. Nature and recreation options are plentiful with riverfront reserves, Lake Claremont, and the nearby beaches of Cottesloe and Swanbourne, offering a balanced urban-coastal living environment for future residents.

This corner property invites those with a vision to either reinvigorate the existing apartments or undertake a new development that complements the established community fabric. Its unique position at the heart of Claremont underscores its extraordinary future potential.

Local Market Insights

In Claremont, Quiet Listings observed 4 new apartments entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $1,237,500. The property type mix of listed properties is predominantly Houses at 64%, followed by apartments (21%), and units (6%). The most active agency for apartments in the Claremont area is currently Ray White, representing 50% of new listings, followed by The Agency with 25%. 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 Claremont WA 6010
New Listings (last 30 days)
4
Average price
$1,237,500
Lowest price
$800,000
Highest price
$1,750,000
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