10A Fourth Avenue, Applecross WA 6153

1986 duplex | 563m² lot | 4 bed, 2 bath | Applecross Primary catchment | FTTP NBN This property presents a competitively strong landholding within a premier suburb, offering a duplex configuration on a substantial block that is rare for its location. The size and zoning provide immediate utility for a family, supported by top-tier government school catchments, while the established building represents a lower-cost entry into the Applecross market. It serves best as a long-term hold for an owner-occupier seeking land security and future optionality, or an investor targeting family rental demand in a tightly held suburb. The decision hinges on the 1986-built improvements, which carry inherent capital expenditure risk for modernisation that will cost the buyer post-purchase. The expression of interest campaign introduces pricing ambiguity. The opportunity lies in acquiring a large, subdividable lot in a blue-chip location, with commercial logic favoring a hold-and-renovate or future development strategy. Treat this as a land play with a liveable house; our property report validates its real market valuation, clarifies locality risks like zoning, and provides the necessary due diligence checklist for this specific asset type.