{"Slug":"house-5-young-street-centennial-park-wa-6330","CanonicalUrl":"https://realsearch.com.au/house-5-young-street-centennial-park-wa-6330","Address":"5 Young Street, Centennial Park, WA 6330","Suburb":"Centennial Park","State":"WA","Postcode":"6330","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"5 Young Street, Centennial Park offers an exceptional land-banking opportunity with strategic Mixed-Use R40 zoning in a high-growth precinct. This versatile property allows investors to secure immediate commercial leased property while unlocking premium multi-unit residential or commercial development potential down the track. Subject to council approvals. Strategic Development Potential   -  Mixed-Use R40 Zoning: Unlocks high-density development paths including ,townhouses, or integrated commercial spaces STCA.   -  Premium Land-Bank Asset: Secure a footprint in a tightly held central precinct and reap the capital growth rewards as Albany expands.   -  Solid Income: Currently leased on a periodical lease as four treatment rooms.   -  Generous Site Footprint: The combination of site area and R40 coding provide maximum flexibility for future development Subject to council approval.The \"Buy & Hold\" Advantage   -  High-exposure central location   -  Reliable commercial tenancy design   -  Reliable cashflow security   -  Long-term equity multiplierFacts: Year Built: 1900Zoning: Mixed Use / R40Current Use: Commercial. Block Size: 587sqmSewer.City Rates:$2,280.63Water Rates:$1,499.78Estimated Rental Return:$635pw to $675pwNB Rates and fees are subject to change.Property Code: 107","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Offers Over $639,000"},"Bedrooms":"4","Bathrooms":"1","Parking":"10","Features":[{"Name":"Bedrooms","Value":"4"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"10"},{"Name":"Area","Value":"587 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-35.01836652,"Longitude":117.88542062,"Agent":{"Name":"Honi Benson","CanonicalUrl":"https://realsearch.com.au/agent/honi-benson"},"Agency":{"Name":"Honi B Realty - SPENCER PARK","CanonicalUrl":"https://realsearch.com.au/agency/honi-b-realty-spencer-park"},"CreatedAt":"2026-08-20T06:38:01.2474233","UpdatedAt":"2026-08-20T06:38:01.341921"}