Under offer
174 Riseley Street, Booragoon WA 6154
$1,895,000
Under offer
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4 Bedrooms
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2 Bathrooms
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4 Cars
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Landsize 809m2
House
View
High Exposure Development Site with Proposed R50 Upside
809m² | Prominent Riseley Street Frontage | Invest, Develop or Land Bank (STCA)
Positioned on one of Booragoon's most prominent and high-exposure streets, this 809m² landholding presents a rare opportunity to secure a strategic site within a rapidly evolving growth corridor.
Currently zoned R40, with seller-advised potential uplift to R50 (subject to relevant approvals), the property offers strong scope for multi-dwelling redevelopment, making it highly attractive to developers, investors and forward-thinking buyers.
Beyond its immediate development potential, the property's commanding Riseley Street frontage and proximity to the Westfield Booragoon precinct place it firmly within a long-term transformation zone, with increasing demand for higher density and mixed-use outcomes.
The existing dwelling provides flexibility for holding income or short-term use while future plans are explored.
Disclaimer: While every effort has been made to ensure the accuracy of the information contained in this advertisement, Turner Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to make their own enquiries to verify all information, including but not limited to measurements, property features, boundaries and any other details that are material to their purchasing decision.
Property features
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Carports
4
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Toilets
2
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Ensuite
1
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Floor area
198m2
Property snapshot by reiwa.com
This property at 174 Riseley Street, Booragoon is a four bedroom, two bathroom house listed for sale by Kim Turner and Dean Johnsen at Turner Estate Agents.
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 Kim Turner or Dean Johnsen regarding 174 Riseley Street, Booragoon, please call Kim on 0423 089 439 or call Dean on 0418 880 069, or contact the agent via email.
Cost breakdown
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Council rates: $2,886 / year
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Water rates: $1,570 / year
Nearby schools
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
$1.9m
Median
$1.6m
Low end
$1.3m
15.7 %
Annual growth
$1.6m
Annual median sales price
$910pw
Annual median rental price
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