41 Moreton Terrace, Dongara WA 6525

1971 brick home | 980m² mixed-use lot | heritage & hazard overlays | includes separate caretaker’s residence This property presents a rare residential holding on a large, strategically positioned lot within a designated development parcel. The inclusion of a separate caretaker’s residence and workshop creates immediate income or utility potential, best serving a buyer seeking a land-bank opportunity with existing cash flow or a multi-generational living arrangement. Its position at a key precinct corner underpins long-term redevelopment value. Critical due diligence is required on the heritage, bushfire, and flood overlays, as these directly impact development feasibility and insurance costs. The commercial logic lies in the parcel’s assembly history; the 2022 bulk sale suggests underlying land value appreciation. This is a hold-and-strategize property, not a standard residential purchase. Pursue only with a clear plan to navigate the overlays or to utilize the existing auxiliary dwellings. The property at 41 Moreton Terrace sold for $500,000 in 2021. The entire development parcel of 39, 41, and 43 Moreton Terrace then sold for $750,000 in June 2022. This indicates the subject property’s current $1,000,000 listing seeks to capture not just its own appreciation, but a significant premium based on its portion of the assembled parcel’s potential. This pricing reflects future development speculation, not just the existing house.