Lot2/65 Iolanthe Street, Bassendean, WA 6054

From $499,000

Residential Land
Type
368 m²
Area

Published on Saturday, September 19, 2026 ( See property details for Lot2/65 Iolanthe Street, Bassendean, WA 6054)

From $499,000

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

A spacious, fully fenced 368 sqm residential land parcel in a prime, family-friendly location perfect for building your dream home or investment property.

🏡 Property Highlights

  • Prime flat rectangular block with 368 sqm size for versatile building options
  • Excellent location on a tree-lined street close to schools, parks, and transport
  • Fully fenced rear block with subdivision work nearly complete, ready for development
  • Opportunity to start house design and council approval prior to settlement
  • Ideal for investors seeking high rental returns and tax depreciation benefits
  • No building restrictions, allowing flexible construction within council regulations

✨ Key Features

  • Water tank
  • Fully fenced
  • Waterfront / Views
  • Open-Plan Living
  • Secure Parking
  • Built in robes
  • Pet-Friendly
  • Outdoor Area
  • Garage
  • Ensuite

Bassendean offers a vibrant community with lush parks, excellent schools, and convenient transport links. Its tree-lined streets create a peaceful environment, while nearby shopping centres and the Swan River provide leisure and lifestyle amenities. The area is ideal for families and investors seeking growth and lifestyle benefits.

Can I start building on the land before settlement?
Yes, you can begin house design and council approval processes now, and settle on the property once titles are issued, saving on mortgage costs during planning.
Are there any building restrictions on this land?
There are no specific building restrictions beyond standard council regulations, providing flexibility in construction.
What amenities are nearby?
The property is close to primary and secondary schools, Jubilee Reserve park, Bassendean train and bus stations, shopping centres, and the Swan River.
Is the subdivision work complete?
Yes, the subdivision work for this rear block is nearly finished, and the land is fully fenced.
Can I use this land for investment purposes?
Absolutely, this land offers a great opportunity for investors to build a rental-ready home with high depreciation benefits.
Are there any additional costs for subdivision or council approvals beyond the deposit? Has the land been surveyed recently to confirm boundaries and dimensions? Are there any easements, covenants, or zoning restrictions affecting the property? Is there any history of flooding or bushfire risk in this area? Are there any planned developments or construction projects nearby that could impact the property’s value or environment?

Lot2/65 Iolanthe Street, Bassendean, WA 6054 - More Details

From $499,000

At 368sqm, with a 20.1m width and 18.33m depth, this flat & rectangular block will allow you to build a substantial home with plenty of space for the kids & pets to play, and room for a pool or workshop.

Fantastic location in a tree lined street - stroll to Anzac Terrace Primary, Eden Hill Primary & Hampton Senior High schools, the picturesque Jubilee Reserve, Bassendean bus & train station, Bassendean Village shopping centre, and just a few minutes in the car to the banks of the Swan River, Morley Galleria or Tonkin Highway entrances.

Please note the subdivision work for this rear block is almost complete, and the block is already fully fenced. You are welcome to walk the block or call Shane for a private inspection or further information on 0410339499.

Secure the block now with just a deposit - you can begin the house design and council approval process now without having to settle on the property until titles are issued in the near future - you will save $$ by not paying a mortgage during this part of your planning process as you would with an already titled block.

INVESTORS - Here is your golden opportunity to build a brand-new home to achieve record high rental returns with maximum tax depreciation benefits.

There is no time or building restrictions - simply comply with standard council building regulations.

Block size 368 sqm Vacant Land

**PLEASE NOTE while every effort has been made to ensure this information is correct at the time of listing - this information is provided for reference only and is subject to further buyer enquiry.

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 enquiries.
Type
Residential Land
Area
368 m²

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