46 Westbury Cres Bicton WA 6157

Character home on tightly held street | 1179m² lot | 3-4 bedroom discrepancy | expansive studio & cellar This property presents a rare opportunity to secure a character home on a large, tightly held block in a highly regarded Bicton location. Its 1179m² lot size is substantially larger than typical suburban offerings, providing significant scarcity value and future flexibility. The home’s multiple living areas, chef’s kitchen, and unique features like a limestone cellar cater to a buyer seeking a established, spacious family residence with distinct charm. It best serves an affluent buyer prioritizing land size and established neighbourhood character over modern construction. Proceed with disciplined due diligence on the bedroom count discrepancy, which suggests a potential approval or layout issue that must be clarified. The ‘character’ classification implies older construction, carrying inherent maintenance costs and potential for higher renovation expenses. The commercial logic lies in the irreplaceable land component in a sought-after precinct. Acquire this as a long-term hold to leverage its locational prestige. For this specific property, a Propcred report would validate its real market valuation against recent sales and detail locality-specific risks, including zoning and insurability of older builds.