174 Riseley Street, Booragoon WA 6154

Prime Booragoon Opportunity: Land Bank, Subdivide, Expand or Enchance

Welcome to your next land bank or lifestyle opportunity in Booragoon! This versatile property comes with council-approved options that offer exceptional possibilities for savvy buyers:

Retain and Build Option: Keep the existing spacious 4x3 home while still having room to develop.
Subdivision Potential:
(i) Approved for subdivision into two street-facing lots.
(ii) Approval for subdivision into three lots underway, allowing flexibility to suit your plans.
Granny Flat Addition: Incorporate a granny flat into the existing home, ideal for multi-generational living or generating additional rental income.

This charming and impeccably maintained family home features a well-thought-out design, including a welcoming front foyer, main living and dining area, cozy sunken lounge, and four spacious bedrooms, with the large master suite offering its own ensuite. The modern kitchen overlooks the sunken lounge and flows effortlessly to the backyard, creating the perfect space for easy and enjoyable entertaining.

Located near the highly anticipated transformation of Garden City into one of WA's largest shopping destinations within the next two years, this property is ideally positioned for future growth. Additionally, a proposed R50 zoning change could significantly enhance its value.

This is the ultimate opportunity for astute buyers looking to capitalize on both present and future potential.

Property features

Carports 2

Property snapshot by reiwa.com

This property at 174 Riseley Street, Booragoon is a four bedroom, three bathroom house listed for sale by Christy Sajan at Stratton Realty.

For more information about Booragoon, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Booragoon profile page.

If you would like to get in touch with Christy Sajan regarding 174 Riseley Street, Booragoon, please call 0400 848 096 or contact the agent via email.

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Booragoon overview

Booragoon is an established suburb with commercial areas located centrally within the City of Melville. Booragoon's development occurred between the 1960s and the early 1980s with a slight population decrease between 1991 and 2006, followed by another increase between 2006 and 2011.

Life in Booragoon

Characterised by its mix of parks, reserves, property and commercial sectors, Booragoon is a suburb with plenty of diversity on offer. Garden City Shopping Centre is the most notable commercial feature and one of the largest shopping centres within the Perth metropolitan area. In addition to the main shopping establishment, Garden City houses a cinema, public library, Melville City Council office and a major regional bus station. Other features in Booragoon are Melville Aquatic Fitness Centre, Booragoon Lake Reserve and local school, Booragoon Primary School.

Booragoon quick stats

High end $1.5m

Median $1.3m

Low end $880k

15.8 %

Annual growth

$1.3m

Annual median sales price

$750pw

Annual median rental price

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FAQ's

174 Riseley Street, Booragoon is a 4 bedroom, 3 bathroom house.

174 Riseley Street, Booragoon has been viewed 10 times on reiwa.com, and has appeared 544 times in reiwa.com search results.

Nearby schools include Applecross Senior High School, Brentwood Primary School and Mount Pleasant Primary School.

There are currently no home opens scheduled for 174 Riseley Street, Booragoon.

The average number of selling days in Booragoon is 9 days.

174 Riseley Street, Booragoon WA 6154

Prime Booragoon Opportunity: Land Bank, Subdivide, Expand or Enchance