Nestled in the heart of Hamilton Hill, this rare 1032sqm R40 zoned block offers savvy investors and developers the golden opportunity to capitalise on its potential for a 4-lot subdivision (subject to council and WAPC approval). With a solid 1960-built residence currently leased at $500 per week until April next year, you can enjoy immediate rental income while planning your next move.
This is the ultimate blank canvas for those wanting to blend comfort and growth, offering flexibility to either extend, renovate, or redevelop in a location that continues to attract attention. Positioned for lifestyle and convenience, the property is close to quality schools, parks, shopping centres, and public transport while being just a short drive to Fremantle's vibrant cafes, restaurants, and coastline. With gated side access, ample outdoor space, and an enviable land size, this address is your opportunity to secure a foothold in one of Perth's highly sought-after suburbs.
If you're looking for a site with generous proportions, undeniable potential, and an unbeatable location, 13 Bailey Street is ready to make your investment plans a reality. Develop, land bank, or simply enjoy the income - the choice is yours.
Features:
• 1032sqm R40 zoned block with subdivision potential for 4 lots (STCA & WAPC)
• 1960-built brick home
• Currently leased at $500 per week until April 2026
• Close to schools, parks, shops, and public transport as well as Moments from Fremantle's cafes, restaurants, and beaches
• Ideal for investors seeking land bank opportunities
• Blank canvas for renovation, extension, or redevelopment
Council rates | $1,764.06 p/a
Water Rates | $983.22 p/a
***Note***
In Western Australia, land zoned R40 under the Residential Design Codes (R-Codes) permits medium-density residential development. The specific lot size requirements for R40 zoning are as follows:
- Minimum site area per dwelling: 180 sqm
- Average site area per dwelling: 220 sqm
Investors, this is your golden ticket. Develop, land bank or simply enjoy the income - the choice is yours.
Contact Fleur Schrader today on 0401 715 715 for more information.
Disclaimer: In the preparation of this document, we have exerted our utmost effort to ensure the accuracy and truthfulness of the information provided. However, we do not assume any responsibility and hereby disclaim all liability for any errors, omissions, inaccuracies, or misstatements that may be present. Interested parties are encouraged to conduct their own investigations to confirm the validity of the information contained herein.
The drone imagery provided is intended for marketing purposes only. We endeavour to represent the property and its surroundings accurately; however, prospective clients should note that these images may not fully depict the current state of the property and its views. Clients are advised to exercise their own discretion and conduct personal inspections to assess the property's views and surroundings to their satisfaction. The imagery should be used as a guide and not as a guarantee of the property's appearance or views.
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