11 Pearse Street, Cottesloe WA 6011

NORTHFACING - GOLFCOURSE - OCEANVIEW - LANDHOLDING

Space Real Estate is soon to launch the campaign for what could be regarded as the finest landholding along the entire WA coastline.

The property is being offered for sale by 'expressions of interest' for the first time in nearly six decades. 11 Pearse Street is zoned R30 and is set on 1,181sqm, with a rear R.O.W. allowing a full 26 metres of views from each level over the Seaview Golf Course, Cottesloe Beach, Rottnest Island and as far north as the eye can see.

Located on one of Cottesloe's most desired and sought-after streets, the large corner, north facing block has the views and the sun drenched lifestyle protected from the prevailing southwest elements. The zoning allows for significant redevelopment opportunities, yet for those seeking a landholding of nearly 1,200sqm virtually all-but on the beach - this is the rarest of opportunities.

In Cottesloe, there are currently just 49 residential properties over 1,100sqm. Of that, there are only two that are north-facing, with ocean and parkland views, and with R.O.W. rear access. One of these properties has a dream home already built, while the other is a blank canvas that is now being offered for sale.

While the original and modest "farmer's seaside abode" still stands on the block, the property is being sold as land value. With subdivision potential, the buyer also has the option of splitting the land up into two, three or four blocks. There may well also be the opportunity for two buyers to independently acquire approximately 600sqm of the whole landholding, for two new oceanside residences.

The property has a remarkable history and was last sold in 1966, when purchased by Wheatbelt farmer John Arrow and his wife Fleur. The family has one of the strongest links to the suburb with Fleur's father, Cecil Harvey who served on the local council for 40 years and as Cottesloe mayor from 1961 to 1974, having the fields (virtually across the road) being named in honour of his contribution. Along with the recognition and naming of Harvey Field, there is a soon to be commissioned memorial for Fleur Arrow which will be added to the recently completed club rooms at the football oval next to Harvey Field.

The successful buyer/s will be fortunate enough to secure what is recognised as the 'perfect' beachside property WA has to offer. And no matter what price it transacts for - it will instantly and immediately increase in value as the opportunity to acquire it will be lost. Once it is 'gone' it's priceless.

Lot dimensions (approximates):
Pearse St frontage - 26m
Avonmore Tce - 45m
Total area - 1,181sqm

Please contact Justin Davies 0419 909 350 or Kylie Mann 0413 079 823 to register your interest.