8 Osborne Place, Stirling WA 6021

Large landholding in Stirling | duplex zoning potential | rare 3,718sqm parcel | strong rental demand area. This property presents a rare opportunity to acquire a substantial 3,718sqm site in a well-located Stirling pocket, where duplex zoning and minimal overlay constraints create genuine future flexibility. The existing 200sqm townhouse provides immediate rental income in the $740–$905 per week range, meaning a buyer can hold the property with positive cash flow while assessing longer-term development options. The absence of bushfire, flood, or heritage overlays removes common regulatory hurdles, and the location within Balcatta Senior High School intake adds family buyer appeal. This suits an investor or developer seeking land banking with immediate yield, rather than a pure home buyer. The primary risk is the significant gap between the $1.225m listing price and estimated valuations around $1.84m, which suggests the seller may have unrealistic expectations or the property requires careful due diligence on subdivision feasibility. The large land size may attract competing interest from developers, potentially driving the price above a prudent entry point. However, for a buyer who can negotiate closer to valuation, the combination of existing income, low regulatory risk, and future subdivision potential offers a strong risk-adjusted position in a tightening land market.