Reiwa Reiwa
41 South Terrace, Como WA 6152

41 South Terrace, Como WA 6152

Sold price: $4,250,000
Sold
Sold: 06 Feb 2026

3 Bedrooms

1 Bathroom

1 Car

Landsize 2,023m2

House

Contact the agent

Phoebe Shi

0413882049

Johnson Loh

0433003891

Bellcourt Property Group


A Developer’s Dream With Blockbuster Potential

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

Property features

  • Carports 1

Nearby schools

South Perth Primary School Primary Government 0.9km
Como Primary School Primary Government 0.9km
Wesley College Combined Non-government 1.2km
St Columba's Catholic Primary School Primary Non-government 1.2km
Collier Primary School Primary Government 1.3km
Penrhos College Combined Non-government 1.5km
Como Secondary College Secondary Government 2.0km
Curtin Primary School Primary Government 2.4km
Kensington Primary School Primary Government 2.4km
Kensington Secondary School Secondary Specialist 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4981829