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10 Olive Road, Falcon$1.25m
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10 Olive Road

Falcon, WA 6210, Australia
$1.25m
1295 m²

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About this property

Positioned in the heart of the Falcon precinct, 10 Olive Road presents a rare opportunity to secure a prime vacant development site with fully council-approved plans already in place. Set on a generous 1,259sqm block with a 20m frontage, this property is ready for immediate construction, offering a seamless pathway from purchase to development. The approved plans have been thoughtfully designed to accommodate a medical centre, chemist and café, creating a high-demand, service-based hub tailored to the needs of the growing local community. With no existing structures on site, you have the flexibility to bring this vision to life without delay. Whether you are looking to establish your own business premises or develop and lease to quality tenants, this property offers exceptional versatility and strong long-term potential. The combination of essential health services and a hospitality offering is well-suited to the area, providing an attractive opportunity for both owner-occupiers and investors seeking reliable future income streams. With approvals already secured, you can avoid the time, cost and uncertainty of the planning process and move straight into the build phase. Opportunities of this nature - vacant land with approved commercial plans in a well-established coastal precinct - are increasingly hard to come by. The approved development includes a well-considered layout featuring a 439.55sqm ground floor area, total roof cover of 513.52sqm and a spacious verandah of 73.97sqm. The site also allows for 817.34sqm of carpark and paving, alongside 38.11sqm of landscaped area, ensuring both functionality and visual appeal. This is your chance to secure a ready-to-go development site in a thriving location, with the flexibility to occupy, invest or lease. Location Highlights: • Positioned in the established Falcon precinct • Coastal location with close proximity to all services • Easy access to Mandurah and surrounding suburbs • Strong exposure with 20m frontage • Well-connected to main arterial roads Convenience Highlights: • Approved for medical centre, chemist and café • Designed to service the growing local community • Opportunity to establish your own business • Potential to lease to multiple tenants • High demand for essential health and service-based offerings • Ready-to-build with council approvals already in place Call Michael on 0417 927 159 or Christine on 0404 048 880 for further information. This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1295 m²
Listed
3 months ago

Repayment calculator

$6,055/month
$3,028 /fortnight
Loan $999,200 at 6.10% over 30 years

Upfront costs

Deposit$249,800
Stamp duty$55,439
Conveyancing (est.)$2,000
Total upfront$307,239
Verify with WA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Falcon

This land in Falcon, WA 6210 sits within reach of public transport, local shops local amenities. It is listed 54% above the $809,000 median of 56 comparable landswithin 5 km.

What's nearby

  • Old Coast Rd Before Mercedes Av (bus)116 m away
  • IGA102 m away
  • Rakoa Reserve742 m away
  • Unnamed780 m away
  • Unnamed895 m away

Falcon at a glance

Full suburb profile
Population
5,531
Median age
50
Household income
$1,207/wk
Median rent
$300/wk
Median mortgage
$1,625/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Falcon price trend

Median sold · House 3 bed

Compound growth +17.4% / yr over 4 yrs

$751kcurrent median

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1 price change recorded for this property

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