Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

17 Prosser Way, Myaree WA 6154

From $1,500,000

Search Band Search Visibility Band

$1.5M - $1.58M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 715 m²

Listed: 12 hours ago

Overview

Located in the highly sought-after suburb of Myaree, this property presents an exceptional opportunity on a substantial 715 square meter block of land. The flat expanse offers considerable flexibility thanks to its R40 zoning, encouraging possibilities ranging from subdividing into multiple residential lots to developing a spacious family home that maximizes the sizeable 17.8-meter frontage.

The existing residence, a home built in 1964 with three bedrooms and one modernised bathroom and laundry, blends practicality with potential. Its generous living area and an additional versatile room ideal for entertainment or a home theatre provide comfortable living spaces while development plans progress. This sets it apart as a liveable option for those looking to benefit from rental income or simply settle in a vibrant community while exploring the site's full potential.

Proximity to top public schools, including Applecross High and Booragoon Primary, enhances the appeal for families prioritizing education. The home's location within walking distance of North Lake Road Shopping Centre adds convenience with access to essential amenities such as a 24/7 grocer, pharmacy, bakeries, and cafes. Accessibility is further complemented by its short drive to Freo and Perth City, perfect for commuters and urban explorers alike.

Prime land offering nearly flat terrain with strategic R40 zoning
Three-bedroom residence featuring an additional versatile living space
Modernised bathroom and laundry reduce immediate maintenance concerns
Close to reputable schools and comprehensive shopping facilities
Substantial frontage and depth allowing diverse development options
Council and water rates are competitively low, aiding affordability

This property is well-suited to investors, developers, and families seeking a blend of present comfort and future opportunity in a promising locale. Its combination of functional living quarters and expansive land is a rarity in Myaree's stable but limited residential offerings, marking it as a forward-thinking acquisition in a tightening market.

Local Market Insights

In Myaree, Quiet Listings observed 11 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,753,636. The property type mix of listed properties is predominantly Houses at 82%, followed by land (12%), and villas (6%). The most active agency for houses in the Myaree area is currently The Agency, representing 36% of new listings, followed by Yard Property with 18%. 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.