Massive block with development opportunity

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46 Third Avenue, Mount Lawley WA 6050

Offers Invited

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$2.5M - $2.75M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 4 Cars 1214 m²

Listed: yesterday

Overview

Situated on a rare and substantial 1,214sqm parcel in Mount Lawley, this property presents an exceptional opportunity combining immediate comfort with significant development potential. The existing home offers three bedrooms and two bathrooms, providing a solid foundation for family living or a lucrative investment.

The generous land size sets this property apart, affording remarkable flexibility to enhance or redevelop subject to council approval. A noteworthy 3 to 4 car garage caters exceptionally well to parking needs and storage, adding functional value to the residence.

Positioned in a sought-after location, the property benefits from close proximity to Mount Lawley's vibrant café and restaurant scene, boutique shopping, parks, schools, and public transport. This blend of lifestyle convenience and land scale is increasingly rare, appealing to buyers seeking long-term potential in a premium suburb.

Whether your interest lies in securing a sizeable family home with immediate use or capitalizing on future development possibilities, this offering represents a versatile asset in a desirable area.

Local Market Insights

In Mount Lawley, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $1,784,250. The property type mix of listed properties is predominantly Houses at 46%, followed by apartments (16%), and units (11%). The most active agency for houses in the Mount Lawley area is currently Ray White, representing 25% of new listings, followed by Belle Property with 19%. 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.