29 Scott Road, Wanneroo WA 6065

Renovated 3×1 on 737m² | R20/R40 dual zoning | triplex development potential | school catchment location For a buyer seeking both immediate livability and medium-term land upside, this property offers an uncommon combination. The 737m² block with R20/R40 zoning is the primary competitive advantage, as it supports subdivision or a triplex development scenario that most nearby houses cannot match. The renovated interior and two living areas reduce the need for immediate capital expenditure, while the proximity to East Wanneroo Primary School and Wanneroo Secondary College broadens the buyer pool to include families. This property is best suited to an investor or owner-occupier who values optionality: the ability to hold and rent at around $650 per week, or pursue a development pathway when market conditions align. The principal risk is that the development potential is contingent on council approvals and may be subject to bushfire, flood, or heritage overlays, which could constrain yield or add costs. The single bathroom and carport may limit appeal to some owner-occupiers compared to more updated homes nearby. However, the dual zoning and large backyard with rear access create a clear opportunity to add value through subdivision or a small-scale development, particularly given the property’s strong rental demand and school catchment positioning.