4 Lyall St

Welcome home to this brilliantly unique Ascot opportunity. Positioned in a tightly held pocket directly connected to horse walk trails and just a short walk to the Swan River, this 1968-built 3 bedroom, 2 bathroom home sits on a substantial 1,821 square metres of land, offering a rare opportunity to secure a true equestrian lifestyle property with scale, infrastructure, and future potential. The home itself is comfortable and functional, with light filled interiors, multiple living zones, and reverse cycle air conditioning, while the real value lies beyond a fully set-up horse property rarely found this close to the city. Whether you're looking to live in, lease out, or redevelop over time, this is a property that offers flexibility, land value, and a highly sought-after lifestyle component. Currently owner occupied and offered as-is, this is an opportunity to secure a large landholding in a premium location. Property Highlights: - 1,821 square metres land size - Built in 1968 - 3 bedrooms | 2 bathroom | Single garage - Light filled interiors with multiple living zones - Functional kitchen with electric appliances - 2 reverse cycle split system air conditioners - Solar hot water system - Solar electricity system (no battery) - Separate dual electricity meters (house & stables) - Gas bayonet connection Equestrian Features: - 8 registered stables - Main stable structure constructed from jarrah (highly regarded for horses) - 4 walk-in walk-out yards - 1 round yard - 2 rear boundary boxes (rare positioning no longer permitted under current regulations) - Existing infrastructure offers potential to retain boundary positioning if rebuilt within council timeframes - Direct access to horse walk trails at your doorstep Land & Lifestyle: - Expansive, usable land with multiple zones - Side access through to rear paddocks and stables - Established equestrian layout already in place - Short walk to Swan River and surrounding riding networks - Surrounded by a mix of lifestyle, equestrian, and redevelopment properties Investor / Opportunity Summary: - Large 1,821sqm landholding in Ascot - Strong long-term upside in a high-demand riverside suburb - Strong development potential at R10 zoning (all buyers must check with City of Belmont and WAPC to conduct their own due diligence) Ideal for: - Equestrian buyers - Land bankers - Renovators - Buyers seeking a rare lifestyle asset close to the CBD - Offered as-is, with immediate usability and future potential Why you will love it: - Rare equestrian property this close to the city - Direct access to horse trails and river - Significant land size with infrastructure already in place - Flexible use: live, lease, improve or landbank - Unique offering that is increasingly difficult to replicate Make an enquiry today Opportunities like this are tightly held and rarely offered to market.