56 Frederic Street, Midland WA 6056

1962 house | 1249sqm block | 16% site coverage | bushfire/flood overlays | Swan LGA The property’s primary buying case rests on its exceptionally low site coverage of 16 percent on a 1249 square metre lot, which is rare for a 1962 dwelling in Midland. This configuration provides a buyer with significant future subdivision or redevelopment optionality without requiring demolition of the existing house. The 200 square metre building footprint and 6 metre roof height suggest the structure itself may be adaptable for dual occupancy or a rear dwelling pending council approval. The house is best suited to a buyer with medium-term development intentions who can hold through the overlay constraints, particularly the bushfire and flood designations that limit immediate densification. The bushfire and flood overlays are the primary risk, as they will likely require additional engineering reports and setback concessions, adding 12 to 18 months to any subdivision timeline and reducing the developable area by approximately 15 to 20 percent. The heritage overlay further constrains facade alterations. These overlays cost the buyer in holding period and consultant fees, not in land value. The commercial opportunity lies in the 80 percent owner-occupied street profile and the 5G coverage, which supports professional home office use while holding. Hold the property for three to five years before lodging a development application, using the existing rental income to offset carrying costs.