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287 Morley Drive East
Lockridge, WA 6054
Expression of Interest
Overview
287 Morley Drive East
A rare opportunity presents itself with this 728m² block, offering remarkable flexibility due to its R20/50 zoning. This zoning is ideal for retaining and building, duplex, or triplex development (subject to council approval). Perfectly suited for first-time buyers or investors, the home has been fully repainted and features a modern kitchen, three bedrooms, a separate laundry, and a bathroom. Currently, the property is leased at $730 per week, with the lease set to end on May 25, 2026, allowing for renewal or notice to vacate.
The property also includes a borewell, a shed, and a back area that has already been slabbed, providing excellent options for entertaining and storage, along with potential for further development.
Key Features:
- 728m² block with strong development potential
- R20/50 zoning - retain and build or full redevelopment (subject to council approval)
- Potential for 2-3 dwellings (subject to council approval)
- Currently leased at $730/week, lease ends May 25, 2026 (renewable or notice can be given)
- Fully repainted, modern kitchen, three bedrooms, separate laundry and bathroom
Nearby Schools:
- Lockridge Primary School - local government primary school
- Good Shepherd Catholic School - Catholic primary school
- Eden Hill Primary School - government primary
- East Beechboro Primary School - another public option
- Casa Mia Montessori Community School - independent primary
Secondary Schools:
- Kiara College - government high school
- Hampton Senior High School - government high school
- Guildford Grammar School - independent PP-12 school
Nearest Train Stations:
- Success Hill Station (Midland Line)
- Noranda Station (Ellenbrook Line)
Buyer/Investor Hook:
Whether you are a developer looking to unlock R50 potential, an investor seeking strong rental returns, or a first-time buyer in search of a move-in-ready modern home, this property offers the best of both worlds. Opportunities like this in Lockridge are rare, so inquire today!
Disclaimer: This information is provided for marketing purposes only. While believed to be reliable, buyers must conduct their own due diligence. No warranty is given or implied.
Location
Lockridge WA 6054
Market Insights for Lockridge WA 6054
Other properties in this postcode
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