241 & 243 Vincent Street, West Perth, WA 6005

House
Type
6
Bedrooms
2
Bathrooms
1,305 m²
Area

Published on Wednesday, September 30, 2026 ( See property details for 241 & 243 Vincent Street, West Perth, WA 6005)

Offers

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A prime high-density development site in West Perth offering two income-generating homes and excellent future growth potential.

🏡 Property Highlights

  • Large 1,305m² high-density development site in West Perth
  • Two existing 3-bedroom, 1-bathroom homes generating rental income
  • Proximity to Perth CBD, just 1.4km away
  • Strategic location near Beatty Park Leisure Centre and Leederville Oval
  • Standard 3-storey build height for future development
  • Close to Mitchell Freeway and popular cafe strip on Oxford Street

✨ Key Features

  • Open-Plan Living
  • Built in robes
  • Waterfront / Views
  • Open-Plan Living
  • Fully fenced
  • Water tank
  • Solar hot water
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

West Perth is a vibrant suburb offering excellent connectivity to Perth CBD, with nearby amenities including leisure centres, sports venues, and popular cafes. Its strategic location ensures strong growth potential, making it ideal for developers and investors seeking high-density opportunities. The area boasts excellent transport links and a lively community atmosphere. Proximity to major roads and public transport enhances accessibility, while local parks and recreational facilities provide a balanced lifestyle. West Perth continues to attract investors and residents alike, thanks to its dynamic urban environment and future development prospects.

What are the future development possibilities for this site?
The site is zoned for high-density R80 development with a standard build height of 3 storeys, offering significant potential for future multi-storey residential projects (STCA).
Are there any restrictions or approvals needed for redevelopment?
Yes, any redevelopment will require council approval and adherence to local zoning regulations, including planning permits for multi-storey construction.
What is the condition of the existing homes on the property?
The existing homes are well-maintained, currently generating rental income, and suitable for continued tenancy or redevelopment.
Are there any easements or zoning restrictions affecting the site?
The property is zoned for high-density development under R80 zoning, with no known easements that would impede future plans.
What are the nearby amenities and transport options?
The property is conveniently located near Beatty Park Leisure Centre, Leederville Oval, Mitchell Freeway, and the Oxford Street cafe strip, with Perth CBD just 1.4km away.
Are there any existing planning restrictions or covenants that could limit redevelopment options? What are the total costs involved in obtaining development approval and permits? Are there any known issues with the existing structures, such as pests or structural defects? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or infrastructure projects that could impact the site’s value or development potential?

241 & 243 Vincent Street, West Perth, WA 6005 - More Details

Offers

Welcome to 241 & 243 Vincent Street, West Perth - one of the largest high-density R80 development sites available in close proximity to the Perth CBD. Standard build height is 3-storeys.

The site is comprised of two 3-bedroom, 1-bathroom homes on 599m^2 and 706m^2 blocks respectively, combining to a total of 6-bedrooms and 2-bathrooms on a mammoth 1,305m^2 site.

Council Rates:
241 Vincent Street: $1,977.73 pa
243 Vincent Street: $2,349.91 pa
TOTAL: $4,327.64 pa

Water Rates:
241 Vincent Street: $1,216.88 pa FY 25-26
243 Vincent Street: $1,482.37 pa FY 25-26
TOTAL: $2,699.25 pa FY 25-26

Rental Income:
241 Vincent Street: $450/wk periodic
243 Vincent Street: $510/wk periodic
TOTAL: $960/wk periodic

This site is located in a strategic location nearby to the following locations:
Beatty Park Leisure Centre: 200m
Leederville Oval: 300m
Mitchell Freeway: 600m
Leederville Hotel/Oxford St Cafe Strip: 600m
Perth CBD/Perth 6000: 1.4km

For more information, please contact your Area Specialist Reilly Cunningham on 0415 222 970 or [email protected]
Type
House
Bedrooms
6
Bathrooms
2
Area
1,305 m²

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