For Sale

229 Lord St, Lockridge, WA, 6054

683sqm of Potential: Retain, Build, or Landbank!

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Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, March 30, 2026 ( See property details for 229 Lord St, Lockridge, WA, 6054)

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3-bedroom home on a large block with development potential, excellent rental income, and prime Lockridge location.

🏡 Property Highlights

Development potential with R20/35 zoning for duplex or subdivision opportunities
Currently leased at $580 per week until December 2026, providing immediate income
Generous 683sqm block suitable for future growth or family living
Contemporary, move-in ready 3-bedroom home with light-filled interiors
Prime location close to schools, shopping centres, parks, and transport links
Versatile options including retaining and building, renovating, or investing

✨ Key Features

Garage
Open-Plan Living
Built-in Robes
Outdoor Area
Waterfront / Views
Secure Parking
Home Office / Study
Ceiling Fans
Waterfront / Views
Open-Plan Living

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229 Lord St

Lockridge, WA 6054

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Suburb and Property Insights of Lockridge, WA 6054

Lockridge is a vibrant suburb renowned for its convenient access to essential amenities, green spaces, and the Swan Valley. It offers excellent schools, shopping centres, and recreational facilities, making it ideal for families, investors, and developers seeking growth and lifestyle benefits. The area’s proximity to major transport routes ensures easy connectivity to Perth CBD and beyond, while its community-oriented atmosphere fosters a welcoming environment for residents.

Frequently Asked Questions

What are the development possibilities for this property?

The property is zoned R20/35, allowing for duplex development or subdivision, subject to council approval, providing multiple options for investors and developers.

Is the current rental income secure?

Yes, the property is leased at $580 per week until December 2026, offering a reliable income stream while planning future use.

What are the key features of the home?

The home features three bedrooms, contemporary interiors, a secure garage, open-plan living spaces, and ceiling fans for comfort.

How close is the property to local amenities?

The property is conveniently located near schools, shopping centres, parks, golf courses, and major transport routes, providing easy access to all essentials.

Can I retain the existing home and build at the rear?

Yes, subject to council approval, there is potential to retain the current home and construct a new dwelling at the rear of the property.

What to ask about this property to agent?

Are there any existing planning or zoning restrictions that could affect development plans? What are the potential costs for council approvals and permits for duplex or subdivision? Are there any easements, covenants, or restrictions on the property that could impact future development? Has the property been tested for flood or bushfire risks? Are there any upcoming planning or construction projects nearby that could affect the property’s value or livability? Is there any history of structural issues or repairs needed for the current home? What are the strata or community management considerations, if applicable? Are there any hidden costs associated with the property’s current lease or maintenance? Is the property compliant with all local building codes and regulations? What are the long-term zoning plans for the area that could influence future development?

229 Lord St, Lockridge, WA, 6054 - More Details

683sqm of Potential: Retain, Build, or Landbank!

Home Open: Sunday 29/03/26 | 2pm - 2:30pm Whether you are looking for a rock-solid investment, your very first home, or a strategic development site, 229 Lord Street offers a world of opportunity in one of Lockridge's most convenient pockets. Set on a generous 683sqm block with versatile R20/35 zoning, this quality double-brick property is more than just a house-it's a future-proof asset. The neat, clean, and contemporary presentation ensures it's move-in ready, while the development potential provides a clear path for future growth. The Strategy is Yours: • Keep as is: A beautifully presented, contemporary 3-bedroom home that is low-maintenance and high-reward. • Renovate & Reward: Add your own personal touch to further increase value in a rising market. • Retain & Build: Explore the potential to keep the front home and build at the rear (Subject to Council Approval). • Immediate Income: Currently leased at $580 per week until 22nd December 2026, offering a reliable and secure stream of income while you plan your next move. Property Highlights: • Contemporary Interior: Light, bright, and neatly presented living spaces. • Spacious 3 Bedrooms: Comfortable accommodations for families or tenants. • Large 683sqm Lot: Ample space for kids, pets, or future structures. • Zoned R20/35: Unlock the potential for a duplex development site. • Secure Parking: Single garage with additional driveway space. Location & Lifestyle: • Everything you need is right on your doorstep. Lockridge is renowned for its proximity to essential amenities and its position as a gateway to the Swan Valley. • Education: Short distance to Lockridge Primary School, Kiara College, and Good Shepherd Catholic School. • Shopping & Dining: Just minutes from Altone Park Shopping Centre and the vibrant Beechboro Central. • Parks & Recreation: Steps away from local green spaces and the Altone Park Golf Course & Leisure Centre. • Transport: Easy access to Lord Street and Reid Highway for a quick commute to the Perth CBD or Airport. • Gateway to the Swan Valley: World-class wineries and breweries are just a short drive away. Ideal for: • Savvy Investors: High-yield rental with significant underlying land value. • First Home Buyers: An affordable, neat entry into a high-growth suburb. • Developers: A prime R20/35 site with multiple exit strategies. Don't miss out on this versatile gem! Contact us today to arrange a viewing. Quick Facts for Your Listing: • Current Rent: $580 per week • Anticipated current rental return is approximately $700 per week. • Lease Expiry: 22/12/2026 • Block Size: 683sqm • Zoning: R20/35 (Duplex Potential - Subject To Council Approval) Don't miss your opportunity, contact Ken Suhopoljac today to arrange your private inspection and secure this exceptional home before it's gone. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries. Please note that some images may have been virtually staged or enhanced for illustration purposes and may not reflect the current or final state of the property.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1

Map & nearby places — 229 Lord St, Lockridge, WA, 6054

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229 Lord St, Lockridge, WA, 6054

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