Prime Development Opportunity – Dual Luxury Residence Project
Embrace the ultimate coastal lifestyle and investment potential with this rare property in Hillarys, Western Australia. Nestled in a prestigious location overlooking the scenic Flinders Park and just minutes from the pristine Indian Ocean, this prime real estate offers the perfect setting for two executive residences. With R20 zoning and a large, level, corner block, the property is primed for redevelopment, allowing savvy buyers to maximise their return on investment while enjoying a luxurious coastal lifestyle.
The current residence is a high-quality family home, well-suited for immediate occupancy or rental income, offering comfort and style with spacious interiors, modern finishes, and a warm family-friendly ambiance. Occupy or lease it now, and when the time is right, unlock the full potential of this property by developing two luxury homes that could capitalise on the growing demand for premium housing in this desirable suburb.
Architect Designs
Zoned for two high-end residences in a sought-after coastal location the sellers have proactively enlisted a renowned architect to create two contemporary floor plans with comprehensive artistic impressions that bring the vision of this property to life.
Development Ready
Complete with overall concept designs, these plans not only showcase the elegance and high-end living potential but also eliminate delays and are ready to go straight to the approval process, giving buyers a streamlined path from purchase to development.
Financial & Growth Potential
With an established demand for executive housing in Hillarys, this property offers potential high returns for developers and long-term growth. Perfectly suited for any astute investor looking for opportunities through luxury real estate, this offering combines lifestyle appeal with significant financial upside.
Secure a foothold in one of WA's premier coastal suburbs and bring a distinguished development to life with minimal delay.
Timeless Hillarys
Situated in Hillarys, one of Perth’s premier oceanside suburbs, known for its strong property values and low vacancy rates, supporting excellent capital growth and potential long-term benefits, this asset is positioned to offer a sound addition to any portfolio, promising impressive returns for astute buyers with a vision.
World-Class Location
Minutes from Hillarys Boat Harbour, premier beaches, fine dining, shopping centres, Sacred Heart & St Marks private schools, making this a prime location for executive homes and an enviable lifestyle.
Immediate Rental Income
The existing, high-quality family home offers immediate value as a potential rental or residence until construction begins.
Seize this exclusive opportunity to invest in one of Western Australia’s most desirable coastal regions, ideal for both immediate returns and future wealth growth.
~ Minutes from the Indian Ocean
~ Stunning cul-de-sac location
~ Fabulous gourmet kitchen
~ Large stone tops with breakfast bar
~ Quality kitchen appliances
~ Family living and dining area
~ Comfortable theatre lounge
~ Spacious study/activity
~ Quality flooring throughout
~ Master suite with walk-in robe
~ En-suite with vanity, shower and wc
~ Three further bedrooms with robes
~ Family bathroom with bath, vanity and shower
~ Stunning alfresco entertaining
~ Fabulous below ground heated pool
~ Spacious laundry
~ Ducted reverse cycle air conditioning
~ Plantation blinds
~ Manicured lawns and borders
~ Large rear shed
~ Double undercover carport
~ 779 sqm block
Existing Home
This perfectly positioned home is overlooking Centennial Park and located in a highly sought after cul-de-sac.
The stunning gourmet kitchen is positioned in the heart of the home with European stainless steel appliances, large stone bench tops, quality splash backs and ample storage; the kitchen overlooks the spacious family lounge and dining area featuring quality flooring, vaulted ceilings and sliding door access to the fabulous alfresco and below ground heated pool.
To the front of the home is the comfortable theatre lounge, ideal for those family film nights, which is adjacent to the home study area which is the perfect for those working from home or homework hub.
The large master bedroom with a spacious walk in robe features plantation blinds and ensuite bathroom with shower, dual vanities and wc.
To the rear of the home are three further double bedrooms all with built in robes and the modern family bathroom featuring bath, shower, vanity and separate wc which is close by.
The spacious alfresco creates that holiday atmosphere with tasteful exposed aggregate flooring, elegant lighting and ceiling fan, all overlooking the enticing heated below ground pool for those entertaining evenings will make a dream come true.
With tasteful borders and lawns to both front and rear of the home which are ideal for the keen gardener.
The modern laundry is located to the side of the home and with double undercover carport this home ticks all the boxes.
With the make-over completed, there’s nothing to do but enjoy this ultimate resort lifestyle, a beautiful home with nothing to do apart from soak up the relaxed ambience and enjoy the fantastic coastal lifestyle, whilst knowing there’s an amazing opportunity to create two residential masterpieces right under your feet.
Carl Freeman 0408 793 037
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
This property at 18 Centennial Gardens, Hillarys is a four bedroom, two bathroom house listed for sale by Carl & Jill Freeman at Sell Lease Property.
For more information about Hillarys, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Hillarys profile page.
If you would like to get in touch with Carl & Jill Freeman regarding 18 Centennial Gardens, Hillarys, please call 0408 793 037 or contact the agent via email.
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Switch or stay with KleenheatTrack this property
Track propertyHillarys is an outer-northern suburb of Perth bound by the Indian Ocean. The suburb is six square kilometres in size and is a residential area with commercial sectors in its northeast and significant parklands along the coast. Hillarys' growth was minimal until the 1970s and it wasn't until the 1980s through to the 1990s that rapid growth occurred.
Arguably the most notable feature of Hillarys is its boat harbour. A crowd-pleaser for both locals and visitors alike, the large marina and tourist development is home to bars, nightclubs, restaurants, shopping facilities, accommodation, kid-friendly activities and plenty of attractions. Also in the suburb are several parks and walkways, Westfield Whitford City Shopping Centre, Hillarys Shopping Centre, a ferry terminal to Rottnest Island and a local primary and high school.