5A Warner Place, Greenwood WA 6024

oversized block | three-car parking | redevelopment potential | Greenwood locale This property is best positioned as a land-dominant acquisition in a suburb where large blocks are becoming scarce. The 1015 m² lot places the buyer in a strong negotiating position relative to smaller neighbouring properties. The three-car configuration and single-bathroom layout suggest the home itself is secondary to the land, which suits buyers focused on future subdivision or renovation upside. It serves families who value yard space and investors seeking capital growth from land scarcity. The primary risks are the home’s size and condition—one bathroom may limit immediate family appeal, and internal upgrades are likely required. Zoning and subdivision feasibility must be verified before committing, as constraints could reduce redevelopment upside. The opportunity lies in holding the property for land appreciation or undertaking a targeted renovation to boost rental yield. Treat this as a long-term hold where the land drives value rather than the dwelling.