261 North Road, Centennial Park, WA 6330 | House for sale | OnTheHouse
 
FOR SALE
Offers Above $730,000

261 North Road
Centennial Park WA 6330

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1773m2
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BIG LANDHOLDING. BIGGER POSSIBILITIES

Large development sites in established locations are becoming increasingly difficult to secure. Positioned just minutes from Albany's CBD on a substantial 1,773sqm Residential R25 allotment, this versatile property presents an outstanding opportunity to develop, subdivide, invest or land bank for the future.
Whether your plans involve subdivision (subject to relevant approvals), constructing multiple dwellings or securing a sizeable landholding for the future, the property's Residential R25 zoning provides flexibility to explore a range of possibilities. With demand for well-located development sites remaining strong and opportunities of this scale becoming increasingly scarce, it represents an investment with both immediate usability and long-term potential.
Adding flexibility to the opportunity is the existing three-bedroom, one-bathroom fibro and iron home. While being sold on an "as is" basis, the residence offers comfortable accommodation and could continue to be occupied or leased while future plans are developed. Inside, the home retains much of its original character, offering generous living spaces including a spacious lounge centred around a stone fireplace, a kitchen and meals area, plus a versatile office that could also serve as a smaller fourth bedroom, alongside the family bathroom and practical laundry.
Beyond its development appeal, the property is exceptionally well set up for practical day-to-day use. Dual driveway access provides excellent vehicle movement across the site, while the large shed, covered carport and expansive open yard offer plenty of space for storage, trades, equipment or recreational vehicles. Whether you choose to utilise the existing improvements, lease the home while planning your next move or begin exploring the site's future potential, the property's versatility is one of its greatest strengths.
Positioned only minutes from Albany's CBD, shopping centres, schools, sporting facilities, medical services and the coastline, the location further strengthens the property's appeal.
Whether you're looking to unlock the site's development potential, secure a substantial landholding in a central location or invest with future possibilities in mind, opportunities offering this combination of size, zoning and convenience are becoming increasingly rare.
What You Need To Know
• Approx. 1,773sqm Residential R25 allotment
• Development and subdivision potential (STCA)
• Original 1950s fibro and iron home
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Property Details for 261 North Rd, Centennial Park

261 North Rd, Centennial Park is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1773m2. The place is currently for sale with Merrifield Real Estate.

Building Type
House
Land Size
1773m2
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About Centennial Park 6330

The size of Centennial Park is approximately 2.0 square kilometres. There is 1 park, covering nearly 28.0% of the total area. The population of Centennial Park in 2016 was 641 people. By 2021 the population was 689 showing a population growth of 7.5% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Centennial Park work in a community and personal service occupation.In 2021, 51.20% of the homes in Centennial Park were owner-occupied compared with 53.80% in 2016.

Centennial Park has 848 properties. Over the last 5 years, Houses in Centennial Park have seen a 110.47% increase in median value, while Units have seen a 140.74% increase. As at 30 June 2026:

  • The median value for Houses in Centennial Park is $794,198 while the median value for Units is $512,455.
  • Houses have a median rent of $405 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 1 property listed for rent in Centennial park on OnTheHouse. According to Cotality's data, 34 properties were sold in the past 12 months in Centennial park.

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Jeremy Stewart
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Stephanie Del Borrello
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Merrifield Real Estate
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