63 Milner Road, High Wycombe, WA, 6057

We are proud to present an exceptional chance for developers and investors to acquire a rare 10,260 sqm parcel with proposed Urban Development Zoning and R60/100 Structure Plan Zoning. This property offers substantial potential for land development in a sought-after location! Positioned within a proposed Structure Plan area in High Wycombe, this substantial 10,250sqm landholding presents a rare opportunity for developers, land-bank investors, and strategic buyers to secure a large parcel of land within a future planning area identified for urban development. The property is located within the Forrestfield North / High Wycombe Structure Plan area, which provides the planning framework that will potentially guide future subdivision, road layouts, servicing, drainage, public open space and residential densities in the precinct. Large landholdings within Structure Plan areas are often sought after by developers looking to secure sites for future subdivision or higher-density residential development, subject to relevant approvals. The site is rectangular in shape with wide frontage to Milner Road and significant depth, which may lend itself to future subdivision design, staged development, or medium to higher density residential outcomes, subject to approval from the City of Kalamunda and the Western Australian Planning Commission (WAPC). A portion of the land is currently identified within the Structure Plan for Public Open Space / drainage purposes, with the balance forming the potential future development area. Buyers should make their own enquiries with the relevant authorities regarding subdivision potential, yield, infrastructure contributions, and development requirements. The property currently contains an established 3 bedroom, 2 bathroom dwelling which is currently tenanted at $700pw, providing holding income while planning, design, and approval processes are undertaken. This may make the property suitable for those looking to land bank and develop in the future. Property Summary: Land area: 10,250sqm (approx. 1.02 hectares) Located within Structure Plan area Identified for future urban development Portion of land identified for Public Open Space / drainage Tenanted 3 bedroom, 2 bathroom dwelling Close to High Wycombe Train Station, Perth Airport and major transport links Suitable for developers, builders, and land-bank investors Important Information The property is located within a Structure Plan area which identifies the future planning intent for the precinct; however, any subdivision, development, density, or land use is subject to approval from the City of Kalamunda, Western Australian Planning Commission (WAPC), and other relevant authorities. Buyers must rely on their own due diligence and seek independent planning, engineering, and surveying advice regarding development potential and site yield. Large landholdings within Structure Plan areas are becoming increasingly difficult to secure. This is an opportunity to acquire a significant site within a future development corridor and position yourself for long-term growth. Note: We suggest all buyers speak to the shire and conduct their own due diligence on development options. Disclaimer: All information provided in this listing is believed to be accurate, but interested parties are advised to do their own due diligence and fact-checking prior to making any decisions. The market conditions and property details may change, and we recommend verifying all information independently.

Type

House

Bedrooms

3

Bathrooms

2