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1 Bungalow Court, Peppermint Grove WA 6011

Offers Closing: 1st December (unless Sold Prior)

Search Band Search Visibility Band

$4.4M - $4.84M High Confidence Calculated based on strong search observations.

Land 890 m²

Listed: 8 days ago

Overview

This significant 890 square metre parcel of vacant land is located in one of Perth's most prestigious and tightly held residential areas, offering a rare opportunity for discerning buyers to build a custom luxury home with DA-approved architectural plans already in place. Situated on Bungalow Court and just a short walk to the Swan River foreshore, the site promises not only privacy and exclusivity but also the chance to enjoy picturesque river views.

The residential pocket is renowned for its serene and refined lifestyle, surrounded by some of the finest homes in Perth. This setting strikes a harmonious balance between tranquility and accessibility, with proximity to amenities like the Peppermint Grove Tennis Club, Manners Hill Park, Royal Freshwater Bay Yacht Club, and the vibrant Cottesloe village. Additionally, it offers convenient access to several leading private schools, beautiful beaches, and the Claremont Quarter shopping area.

Vacant land of this calibre, particularly with approved plans, is becoming increasingly scarce in such sought-after locations, making this an exceptional real estate prospect. It is ideally suited for buyers aiming to create a personalized and prestigious riverside residence that takes full advantage of the area's lifestyle benefits and natural surroundings.

DA-approved plans are included to help envision a luxury residence tailored to the unique riverfront location.
The setting affords a combination of privacy, prestige, and convenience that appeals to luxury homebuilders and savvy investors alike.
Close proximity to high-quality recreational, educational, and retail facilities enhances the lifestyle appeal of this offering.

Local Market Insights

In Perth - Inner, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $2,550,000. The property type mix of listed properties is predominantly Apartments at 45%, followed by houses (33%), and townhouses (7%). The most active agency for land in the Perth - Inner area is currently Ray White, representing 50% of new listings, followed by The Agency with 50%. 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.