12 Cope Street, Midland WA 6056

3 bed 1 bath | 1052sqm development site | R40/80 zoning | 1946 character house This property presents an uncommon combination in Midland: a large 1,052 square metre parcel with R40/80 zoning attached to a modest 1946-built house. The land component is the primary strength here, substantially larger than typical suburban lots and carrying redevelopment flexibility that standard residential zoning does not offer. The 3-bedroom 1-bathroom configuration is functional but secondary to the site’s potential. This property serves best a buyer looking to hold a character house while banking land for future subdivision or higher-density development, or an owner-occupier wanting a large block in an established area without paying a premium for a modern home. The 1946 build date suggests the house may require meaningful capital investment, though the available information does not confirm interior condition or structural integrity. The single bathroom may limit appeal for families seeking immediate move-in convenience. The R40/80 zoning is a notable value driver, but a buyer should verify any subdivision approvals, easements, or heritage constraints that might affect development timelines or costs. The asking price likely reflects land value with the house as a holding income stream rather than a premium for the dwelling itself, so forming a view on comparable land sales in the zone will be essential.