48 Swan Road, Attadale WA 6156

48 Swan Road | R40 block 1171sqm | mid-century 350sqm | multiple offers under offer | river views potential The property presents a resolvable risk in its R40 zoning and 1171sqm north-facing land, which introduces subdivision or redevelopment potential that a buyer must underwrite through Melville Council pre-application advice before committing. The 350sqm building area at 30% site coverage limits extension potential without rezoning or oversizing applications, and the 1950s structure with 1970s additions may require significant capital to modernise for a buyer seeking turn-key condition; budget a minimum $150,000 for structural or systems upgrades. On balance, this is a hold-and-enhance proposition for a buyer with renovation appetite or a longer-term landbank strategy, not a property for passive ownership. Competitively, the combination of R40 zoning, river and city views from the second level, and an established garden with three sheds (one powered and plumbed for studio use) is rare in Attadale, and positions this house well for a family seeking flexible space or future subdivision optionality. The location within walking distance of Attadale Primary and Melville Senior High, plus reliable 5G coverage for remote work, adds practical daily value. This property best serves a buyer with at least two years of renovation tolerance who wants to capture medium-term land appreciation. Given the multiple-offer environment and the premium for R40-zoned blocks in Attadale, your next step is to secure a building and pest inspection targeting drainage and the 1970s extension, then engage a town planner to confirm subdivision feasibility before making your offer. The combination of land leverage and functional space here supports a disciplined bid.