32 View Street, Beeliar WA 6164

4 bed | 3 bath | 4048m² block | 8-lot STCA potential | rare landholding What is competitively strong about this property is the sheer land size at over 4000 square metres, which is genuinely unusual for Beeliar and positions it as a rare landholding rather than a standard family home. The existing house is substantial at 330 square metres with four bedrooms, three bathrooms, a pool, shed, and large powered patio, so it functions well for an owner-occupier while the structure plan for up to eight lots offers significant optionality. This property serves best a buyer who values land banking or subdivision potential but also wants immediate liveability, as the current improvements are generous enough to occupy comfortably while planning for future development. The factors that may materially affect value include the structure plan being subject to council approval, which introduces some timing uncertainty around the subdivision potential. The property’s value is heavily weighted toward the land rather than the dwelling, so any constraints on development, such as bushfire overlay or zoning conditions, could narrow the buyer pool. Buyers should weigh the cost and timeline of subdivision against the holding costs of a large block, and consider that the property’s strongest appeal is to those who can wait for the development upside rather than needing immediate yield.