25 Bay Street

Albany WA 6330

Buyers searching for a central site with excellent development potential and excellent views will find this standout block on Bay Street a compelling option.Set high on the hillside just moments from Albany's historic town centre, this 589sqm residential block delivers expansive outlooks across Princess Royal Harbour, and over the port. The topography is steep-making it ideal for a custom-designed home that takes full advantage of the elevation and the unique contours of the land.Zoned Residential R30, the property allows for flexibility in design, and it falls under the City of Albany's Historic Town Design Policy, which guides architectural style and streetscape compatibility to respect the character of the area. Height limits include up to 8m for gables and 6.5m for concealed roofs, opening the door for a striking multi-level build with show-stopping appeal.Essential services-water, sewer, power, and telecommunications-are available at the boundary, and there's no building timeframe, giving you the freedom to plan and prepare at your own pace.The location is a major drawcard. Less than 1km from Albany's bustling CBD, it's walking distance to shops, cafes, the museum, and the foreshore. With the right design, the end result here could be a spectacular residence or lock-and-leave with a view to match the city's best.There's no denying this is a block that will require thought and vision. But for the buyer with creativity-and a desire to stand out-25 Bay Street offers a rare opportunity to build something truly special.What you need to know:- 589sqm sloping residential block- Zoned R30, falls under Historic Town Design Policy- Services available: water, power, sewer, telecom- Maximum building height: gable 8m, concealed roof 6.5m- Previous BAL 19/29; new report may be required- No building timeframe- Short walk to Albany town centre, harbour, cafes, shops- Ideal for custom home or investment with iconic views- Council Rates $1,467.96- Water Rates $1,603.19