17 Parmelia Close, Ellenbrook WA 6069

Ellenbrook location | Non-residential land use | Bushfire overlay | Within primary & secondary catchments This property presents a strategic entry into established Ellenbrook catchments at a scale distinct from standard residential lots, given its non-residential classification on a 258m² parcel. The confirmed intake for both Arbor Grove Primary and Ellenbrook Secondary College provides a durable demand anchor from families, though the bushfire overlay necessitates specific due diligence and potential construction cost implications. It serves a buyer positioned to capitalize on zoning utility or a longer-term hold within a tightly held school zone. Proceed only with a contingent investigation into the commercial possibilities and compliance costs attached to the non-residential zoning, as this dictates all future utility. The bushfire overlay mandates a formal assessment, directly impacting holding costs and insurability. For a buyer with the capacity to navigate these mechanisms, the property offers a rare, if complex, foothold in a supply-constrained catchment. Acquire for land value and positional advantage, not for its current improvements. Comparable sales on Parmelia Close indicate a firm local price benchmark: – 37 Parmelia Close: 3 bed, 2 bath, 242m² land, estimated value $749,000 – 45 Parmelia Close: 3 bed, 2 bath, 242m² land, estimated value $738,000 With the subject property listed at $740,000 on a slightly larger lot, its pricing is consistent with recent sales, suggesting the market has not applied a premium or discount for its unique zoning. This alignment supports the listed price as a market-tested starting point.