PRIME DEVELOPMENT OPPORTUNITY IN THE HEART OF BYFORD
Positioned directly opposite Byford's popular Town Centre Precinct, this exceptional 1,452sqm property presents a rare opportunity to secure a high-profile site with both immediate income and outstanding future potential. With an approved development plan already in place, providing access from both South Western Highway and the rear laneway, this is an opportunity that will appeal to developers, investors and business owners alike.
THE OPPORTUNITY Whether you're looking to landbank, develop or establish your business in one of Perth's fastest-growing communities, this property offers the flexibility to do it all. The approved development plan unlocks dual access from both the highway frontage and rear laneway, creating an outstanding foundation for future redevelopment (subject to all relevant approvals). The plans are available upon enquiry. With the Byford Town Centre continuing to evolve and major infrastructure investment driving strong growth throughout the area, opportunities of this scale and position are becoming increasingly difficult to secure.
EXISTING ELEMENTS Providing immediate value is a well-maintained 3-bedroom, 1 bathroom home that is currently tenanted, providing holding income while future plans are explored. With multiple living spaces and room for a growing family, it offers great appeal as a rental property, or even to occupy while you plan. The property also features a substantial workshop, a below-ground swimming pool and extensive hardstand areas, offering flexibility for storage, hobbies or business use. Rear access further enhances the functionality of the site and complements the approved development layout.
LOCATION Positioned on one of Byford's most prominent roads, this property enjoys exceptional exposure directly opposite the Byford Town Centre Precinct and walking distance to the brand new Byford Train Station. Shopping, cafés, medical facilities, schools, and public transport are all within easy reach, while major road connections and the ongoing Tonkin Highway extension continue to strengthen the area's appeal. As Byford grows into one of Perth's key regional centres, sites of this size and strategic location present an increasingly rare investment opportunity.
INVESTORS Property is currently on a periodic lease at $630 pwk. The current market rental appraisal is $630-680 pwk. Set in a sought-after area, this could be a great investment with future upside.
HOW TO VIEW We have a walk-through video that we can share with you, and local buyers are welcome to inspect the property in person. Enquire to book your viewing.
PROPERTY PARTICULARS • Build Year: 1988 • Block Size: 1,452sqm • Living Size: 107sqm • Council Rates: $2,493 pa • Water Rates: $1,042 pa • Rental Appraisal: $630-680 pwk (All values are approximated)