80 Rosher Road, Lockridge WA 6054

1969 build | 728m² lot | Heritage overlay | Solar panels | 37-year ownership This property presents a compelling proposition due to its substantial 728m² lot, a configuration increasingly rare in established suburbs, offering latent value through potential subdivision or extension subject to heritage controls. The extended single ownership since 1989 suggests a well-maintained house, now positioned for renovation or redevelopment. It best serves a buyer seeking a long-term hold with land banking upside, or an owner-occupier valuing space over modern finishes, supported by strong local school catchments and reliable 5G coverage. Proceed with a clear strategy for the heritage overlay, which constrains redevelopment and may increase renovation costs, directly impacting your budget and timeline. The estimated rental yield near 4.1% provides a solid income base, making a buy-and-hold strategy commercially logical. This is a strategic purchase for land value; secure a Propcred report to validate its real market valuation against recent sales, detail the heritage restrictions, and assess locality risks for informed insurance and planning. Nearby comparables indicate a premium for land size. A duplex on a 486m² lot is estimated at $802,000, which frames this larger 728m² house as offering relative value per square metre. This supports the case that the primary value here is in the land parcel itself.