59 Pelican Ramble, Yangebup WA 6164

Built in 1988 | R25 zoning enables subdivision potential | Estimated value $1.05M | Rental yield $700/week The house comprises three bedrooms and one bathroom across 331 square metres on an 885 square metre block, with four car spaces and two toilets. Located in the Cockburn local government area, the property offers subdivision potential under its R25 zoning, allowing for retention of the existing dwelling with a rear build or the creation of an additional lot. This positions the asset toward investors and developers seeking value-add opportunities rather than owner-occupiers seeking turnkey accommodation. Rental income is estimated at $700 per week, with a range around $650–$750 weekly, equating to a gross yield near 3.7% on the $1.05 million valuation. The property lies within catchment areas for Yangebup Primary School and Lakeland Senior High School. Local demographics show a balanced age distribution across the suburb. Infrastructure includes NBN Hybrid Fibre Coaxial and 5G coverage; a bushfire overlay is present, while no flood overlay is identified. Ground elevation is 22 metres with a roof height of 5 metres. The sale is targeted toward investor-developers interested in subdivision and rental income, with bushfire risk and potential insurance considerations to be assessed.