2 Nerine Street

INVESTOR FRIENDLY PROPERTY Discover rare development opportunity in highly sought after Falcon. This generous 1030sqm beach block is just four streets from the ocean and offers strong potential for subdivision (STCA Zoned R20). Secure a beachside retreat now while positioning yourself for future value uplift in a location that is consistently in demand. Why this property stands out: Prime development upside, Subdividable zoning STCA on a large corner block. Exceptional beachside location. Short stroll to the sand and reserve in a neighbourhood prized for lifestyle and demand. Dual use potential. Enjoy the existing character beach house as a holiday home, rental or live in retreat while planning your project. Established streetscape. Mature Peppermint and Redgum trees create privacy and charm. Property highlights: Land size: 1030sqm corner block with 2 street frontages Home: 3 bedrooms, 1 bathroom; large master bedroom; two minor bedrooms Double lockup workshop Living features: Fireplace and ceiling fan in living room; air conditioning; large games/ entertaining room. Outdoor verandah, patio, woodshed, workshop with driveway Four streets from the ocean in a leafy neighborhood Practical details Zoning: R20 Subdividable STCA Water rates PA: $896 Council rates PA: $1931 Location and Lifestyle Protected from the direct sea breezes yet only minutes from the shoreline, this address offers the best of both worlds. Walk to the beach, enjoy easy access to Falcon Primary School and Miami shops for everyday conveniences. Quick access to the main road north also provides a straightforward commute to Perth city. Tenancy note The property is currently tenanted at $450 per week until 29 August 2026. This provides immediate income while you plan next steps. For further information or to arrange an inspection contact Martha Malkovic on 0439 930 043. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.