Reiwa Reiwa
24 Banks Avenue, Hillarys WA 6025

24 Banks Avenue, Hillarys WA 6025

Sold price: $1,500,000
Sold
Sold: 30 Oct 2025

3 Bedrooms

1 Bathroom

14 Cars

Landsize 715m2

House

Contact the agent

Vangelis Katsaitis

0431693773

Excellence Property Specialists


Exclusive Investment Opportunity - High-Demand Mixed-Use Development Site!

THERE IS NO DUE DATE FOR THE SUBMISSION OF OFFERS FOR THIS PROPERTY. IT CAN SELL ANYTIME WITH NO PRIOR NOTICE FROM THE SELLER OR THE AGENT.

THIS IS AN ONCE IN A LIFETIME INVESTMENT OPPORTUNITY!
THE SECOND BIGGEST BLOCK-VALUE LOT ACROSS WESTFIELD WHITFORD CITY MALL IS NOW FOR SALE!
ALONG WITH THIS, TWO MORE ADJACENT LOTS 20 + 22 BANKS AV. MIGHT BE AVAILABLE TOO, TOTALING 2,348 m² IN AREA COVERAGE AND 106 m² FACADE ACROSS THE 78,000 m² OF WESTFIELD WHITFORD CITY!

Imagine owning a prime piece of real estate in one of Perth's most vibrant and rapidly growing neighbourhoods. This R80-zoned property is a goldmine for developers and investors, offering endless possibilities for luxury apartments, modern offices, boutique retail spaces, or a premium family home.

A "GOLDMINE-LOCATION"
- Across the commercial goldmine of Westfield Whitford City which receives 8-10 million visitors per year, had a total retail spend of $8.6 billion in its Total Trade Area last year, annual retail spend per capita 11% higher than that of Perth Metro, and has a vacancy of only 2-4%!
- Accessible through a plethora of options: Marmion Av., Whitford Av. and Mitchell Freeway, is well connected with all the surrounding suburbs, the coastline, the Northern suburbs and the city!
- An unbeatable lifestyle destination for shopping, dinning, wellness, the beach, the parkland, the medical clinics, the offices, all accessible to 250,000 residents in a radius of 10 km.

AN ONCE IN A MILLION PROPERTY!
- Opportunity to build up to 4 storeys (Subject To Council Approval) with a 100% plot ratio, unlocking serious profit potential.
- Opportunity for Instant rental Cash Flow Option: The existing structure has had leasing history as a commercial entity.
- Buy & Forget: The median house price in Hillary's has gone up by 70% in the last 5 years! What a rare opportunity to Buy & Forget and enjoy the fruits of the capital growth of your investment for your Superannuation fund and your family in the years to come!

ACT FAST: Today's affordable price could be tomorrow's regret!

THERE IS NO DUE DATE FOR THE SUBMISSION OF OFFERS FOR THIS PROPERTY. IT CAN SELL ANYTIME WITH NO PRIOR NOTICE FROM THE SELLER OR THE AGENT

(Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor or agent)

Property features

  • Carports 14

Nearby schools

Springfield Primary School Primary Government 0.6km
St Mark's Anglican Community School Combined Non-government 0.7km
Bambara Primary School Primary Government 1.1km
West Coast Language Development Centre Primary Specialist 1.2km
Padbury Primary School Primary Government 1.2km
Craigie Heights Primary School Primary Government 1.3km
School Of Special Educational Needs: Behaviour And Engagement Secondary Specialist 1.4km
School Of Special Educational Needs: Sensory Combined Specialist 1.4km
Whitford Catholic Primary School Primary Non-government 1.6km
Hillarys Primary School Primary Government 1.7km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4944415