Castelli Commercial's Enrique Reyes and Josh Sumner present this unique opportunity to secure one of the largest development sites recently brought to market for sale in the tightly held Myaree-Booragoon precinct.
102 Norma Road, Booragoon is a 4,452* m parcel of land located in a thriving and highly sought-after commercial precinct. Currently fully leased and generating a reliable income stream, this property provides investors and developers with the advantage of steady holding income while planning future development. Opportunities to secure a site in this area with such a wide range of development potential are rare, making 102 Norma Road a standout option for those looking to invest in this prime location.
Key Features:
For more information and to arrange an inspection, please contact the exclusive listing agents.
*Approximate
** Metropolitan Traffic Digest-Mainroads Western Australia
The size of Booragoon is approximately 3.1 square kilometres. It has 13 parks covering nearly 15.3% of total area. The population of Booragoon in 2016 was 5532 people. By 2021 the population was 5684 showing a population growth of 2.8% in the area during that time. The predominant age group in Booragoon is 10-19 years. Households in Booragoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Booragoon work in a professional occupation.In 2021, 77.30% of the homes in Booragoon were owner-occupied compared with 78.20% in 2016.
Booragoon has 3,053 properties. Over the last 5 years, Houses in Booragoon have seen a 101.27% increase in median value, while Units have seen a 87.08% increase. As at 31 January 2026:
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