37 Hubert Road, Maylands WA 6051

809m² R30 green title | leased to 2026 | 1960s solid bones | Maylands heart This property presents a rare and compelling proposition in Maylands, defined by its substantial 809m² R30-zoned landholding in a blue-chip location. Its competitive strength lies not in the 1960s house, but in the development optionality and secure income from a sitting tenant. This serves a developer seeking subdivision potential or an investor land-banking a prime block with immediate yield, offering a positional advantage over standard renovated stock in the area. The decision hinges on capitalising on its zoning. The primary cost is carrying a dated house on valuable land until the lease expires or subdivision plans mature. The commercial logic is clear: hold for land value appreciation and future development, or pursue a retain-and-build strategy post-2026. Acquire this as a strategic land holding with an income offset, not for its existing improvements.