1 Hitchcock Drive, Nannup WA 6275

Vacant residential block, Nannup town fringe | R15 zoning with subdivision potential | Cleared, gently sloping, views | Mains power, water, sewer connected The buying case rests on a cleared 1,554 m² block with services already at the boundary, which removes the most common delay and cost for a rural residential build. R15 zoning gives a prospective buyer optionality—either hold for a single home with immediate lifestyle access to Nannup’s centre, or pursue subdivision if approvals align, which would split the land cost across two titles. The gentle slope and established roadside trees provide passive privacy and outlook, features that typically hold value better than flat, exposed lots in this market. This property suits a buyer who wants to build within two years and values walkability to town over raw land discount. The flood overlay is the material risk; it may increase insurance premiums and restrict where a slab or fill can be placed, so a geotechnical report before exchange is non-negotiable. The current asking price sits well below the Domain estimate, which suggests either vendor urgency or a discount for the overlay—both can work in a buyer’s favour if due diligence confirms buildable area is not compromised. There is no bushfire or heritage overlay, and 4G coverage is present, so connectivity and clearance costs are not additional drags. Hold this property as a build-ready site; if subdivision is pursued, sell one lot to reduce holding cost while retaining the better view block.