Sitting proudly on an enormous 2,023sqm, landholding with a mighty 32.2-metre
(approx.) north-facing frontage, this rare R40-zoned opportunity isn’t just knocking — it’s
positively beating down the door.
Whether you’re envisioning a collection of contemporary townhouses (up to 9 townhouses), a boutique apartment building (20 apartments) or a long-term investment play, the canvas here is expansive, flexible and rich with future reward.
Yes, there’s a charming 3 bedroom 1 bathroom character home still resting on the lot —
boasting soaring high ceilings, solid timber floorboards and that nostalgic warmth you
simply can’t replicate. But make no mistake – the real magic lies outdoors, where land,
location and limitless possibilities take centre stage.
An exclusive address right on the South Perth border affords a close proximity to lush
local parklands and wonderful community sporting facilities, the buzzing Preston Street
food and coffee precinct, the Royal Perth Golf Club, Perth Zoo, our picturesque Swan
River, stunning foreshore restaurants and eateries, top schools (including Wesley
College), shopping, medical amenities, more cafes along vibrant Angelo Street, public
transport, the freeway, the city and so much more.
With zoning that sparks imagination, width that welcomes creative design and size that
developers dream about, this is your moment to think big, then build bigger. Potential
doesn’t just exist here – it thrives!
- Vendor Finance available from 5% deposit, balance on completion or completed accommodation
- Potential development for up to 9 townhouses or 20 apartments are possible (subject to approval)
- Huge half-acre (approx.) development block
- R40 zoning
- Subdivision/development potential
- Existing 3 bed 1 bath original home still intact
- Scope to build multiple townhouses and apartments
- Prime location on the cusp of South Perth
Close to the river, top schools, the CBD, South Perth Hospital and so much more
? A once-in-a-generation opportunity
This property at 41 South Terrace, Como is a three bedroom, one bathroom house sold by Phoebe Shi and Johnson Loh at Bellcourt Property Group on 06 Feb 2026.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Como or see other recently sold properties in Como.
Como is an established suburb bound to the west by the Canning and Swan Rivers. Part of the City of South Perth's municipality, Como experienced its most significant development during the 1950s and 1960s, with gradual growth since the early 1990s as new dwellings were added to the area.
Parks and reserves are a dominant aspect of the Como landscape, such as one of Como's most notable features the international standard 27 hole Collier Park Golf Course. The Como Hotel is a popular bar, café and restaurant in the suburb and a recognisable fixture of Canning Highway. There are also some shops in the area to service local requirements, as well as four local schools, including Penrhos College.