17 Bilby Road, Girrawheen WA 6064

Fire-damaged development site | R20/40 zoning on 715m² | Girrawheen | Roseworth Primary catchment This property is a strategic land acquisition, not a standard house. Its primary value is the 715m² rectangular lot under R20/40 zoning, permitting higher density redevelopment in an evolving pocket. The fire damage renders the existing dwelling uninhabitable, which sharply reduces competition from owner-occupiers and positions it purely for developers or investors seeking a blank canvas. Its location within the Roseworth Primary catchment adds a perennial demand lever for future builds. Proceed only with a clear development exit or as a long-term land bank. The complete refurbishment or demolition costs are the principal risk, directly eroding the land value premium. The commercial logic requires immediate construction to realise the zoning potential or holding until the area densifies further. This is a capital-intensive project; acquire it at a land-value price that factors in all holding and construction costs, or bypass it.