30 Stroud Street, Beachlands WA 6530

Beachlands renovator | R40 triplex potential | 909m² deep sewer | 1950s fibro character This property offers a rare combination of beachside location and R40 zoning that positions it as a strategic land play rather than a straightforward home purchase. The 909m² block with deep sewer connection is the primary value driver, enabling subdivision or triplex development subject to approval. For a buyer willing to navigate the approval process, this represents an entry point into a blue-chip suburb at a price that reflects the current house condition rather than the land’s future potential. The property best suits a developer, experienced renovator, or patient investor who can hold through the planning and construction phases. The primary risk is the “as is” condition requiring significant renovation, meaning immediate holding costs and no rental income until works are completed. Council and water rates of approximately $3,770 per annum add to carrying costs during a potentially lengthy DA process. The above-ground pool is removable but represents an additional disposal cost. The opportunity lies in the rarity of such development potential in this location, with nearby comparables suggesting land value alone approaches the asking range. Hold for development approval and sell to a builder, or renovate minimally to generate rental yield while pursuing subdivision.