8 Gray Road, Gooseberry Hill WA 6076

Vacant half-acre escarpment block | 180-degree city/ocean panorama | Cleared & build-ready | Rare bushfire/heritage overlay position This property presents a rare, premium development opportunity defined by its substantial, cleared landholding on the Gooseberry Hill escarpment. The north-facing aspect and uninterrupted 180-degree views are a non-replicable locational advantage, creating a high-value setting for a custom residence. It serves a buyer seeking a view parcel for a long-term family holding or a prestige build, with its build-ready status and reliable connectivity as supporting enablers. The decision hinges on navigating specific cost mechanisms: the bushfire and heritage overlays will directly increase build costs and design constraints, while the substantial price appreciation since its May 2024 sale suggests a premium for future potential is already priced in. The commercial logic is securing a scarce view platform, not immediate value. Hold as a permanent lifestyle asset; proceed only with a fully costed build plan that incorporates all overlay requirements.