480 Railway Parade

Developers, Investors & Landbankers Rare 911sqm R20 Opportunity with Strong Holding Income! Positioned in the heart of the fast-growing Beckenham corridor, this outstanding property presents the perfect combination of immediate rental return, future development potential, and a beautifully renovated home ready to enjoy from day one. Set on a substantial 911sqm Green Title R20 block, this immaculately updated 4-bedroom residence offers an exceptional opportunity for savvy investors, developers, or buyers looking to secure a high-growth asset in a sought-after location. Whether you are planning a future retain-and-build project (STCA), looking to landbank in a rapidly developing area, or simply wanting a strong-performing investment with reliable income, this property delivers on every level. Property Highlights Prime Development Potential Generous 911sqm Green Title block with R20 zoning, offering exciting retain-and-build subdivision potential (Subject to Council Approval). Renovated & Move-In Ready Extensively refreshed approximately 6 months ago, the home showcases modern updates throughout, including fresh interiors, updated finishes, and a stylish contemporary feel with nothing further to spend. Strong Rental Return Currently leased at an impressive $700 per week with a secure tenancy in place until 30 October 2026, providing immediate and reliable cash flow from settlement. Spacious Family Living Featuring 4 well-sized bedrooms, 1 well-appointed bathroom, spacious living and dining zones, and ample parking for multiple vehicles. Property Features 4 spacious bedrooms 1 modern bathroom Freshly painted throughout Brand-new window treatments Modern kitchen with ample cupboard and bench space Spacious living and dining areas Beautifully landscaped backyard perfect for entertaining 2 undercover carports plus additional parking for up to 4 vehicles Extra space for a trailer, caravan, boat, or work vehicles Investor Highlights Currently leased at $700 per week Secure lease until 30 October 2026 Outstanding long-term growth and development potential Retain-and-build opportunity (STCA) Location Benefits Conveniently positioned close to: Beckenham Station Westfield Carousel Local schools and parks Major arterial roads and transport links Perth CBD and surrounding lifestyle amenities With infrastructure growth, strong rental demand, and development opportunities becoming increasingly difficult to secure, properties offering this level of flexibility and future upside are exceptionally rare. Secure your place in one of Perth's growing investment corridors today. Property Particulars Lot 9 on Plan D036084 Vol/Fol: 1323/38 Outgoings (Approx.) Water Rates: $1,300 p.a. Council Rates: $1,764 p.a. For more information or to arrange a viewing, contact: Kelvin Lee 0401 061 975 kelvin@stageproperty.com.au * Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about this information included in this document. Stage Property provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the client's own risk. Stage Property accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client.