172 Carr Place

An exceptional and rarely seen landholding opportunity awaits an astute buyer. With the ability to secure the adjoining rear properties at 253 and 255 VINCENT STREET, this combined offering unlocks over 1,890sqm of prime Leederville real estate - a genuinely compelling proposition in one of Perth's most tightly held inner-city suburbs. At the heart of this opportunity sits 172 Carr Place, a beautifully presented character home that delivers immediate appeal whether you choose to occupy, lease, or hold while longer-term plans take shape. Set on 630sqm with r30 zoning and confirmed by council proposed R80 zoning and classified "CENTRE" under LPS No.2, the site offers extraordinary flexibility for those with vision - whether that means a retain and build strategy or a full-scale redevelopment (STCA) to truly capitalise on the combined landholding. The home itself is full of warmth and period charm, boasting high ceilings with ornate ceiling roses, wide polished timber floors, and a classic mantle fireplace. Three bedrooms are complemented by an updated bathroom and functional kitchen to ensure the home is thoroughly livable and comes with great tenants returning $1,460 per week as a short-term rental, the income potential is equally hard to ignore. Features at a Glance: Combined landholding of over 1,890sqm when purchased with 253 & 255 Vincent Street 630sqm parcel with proposed R80 zoning - "CENTRE" classification under LPS No.2 Multiple development pathways - retain & build or full redevelopment (STCA) Ornate high ceilings with ceiling roses and wide polished timber floors Mantle fireplace and classic period character throughout 3 bedrooms Updated bathroom and functional kitchen New carpets and updated floor coverings throughout 6x6 double powered workshop Split system air conditioning in master bedroom plus ceiling fans Automatic reticulation and manicured front garden Currently leased at $1,460 per week as a short-term rental Walking distance to the Oxford Street café strip, public transport, and the Perth CBD Land Rates: $3,916 approx | Water Rates: $1,303 approx OFFERS WILL BE PRESENTED CLOSE OF BUSINESS 21 JUNE 2026