521 Karrinyup Road

Innaloo WA 6018

Rarely does a property combine this much accommodation, land and future potential in one highly convenient Innaloo location.

Set securely behind a new boundary fence and automated entry gate, this extensively renovated double-storey brick-and-tile home offers exceptional space for a large or multigenerational family-together with multiple possibilities for rental income and future development.

The substantial main residence has been transformed with no expense spared. A sophisticated contemporary colour palette, quality flooring, stylish hardware and carefully selected finishes create a beautiful home that is ready to enjoy. With eight bedrooms, four bathrooms and a separate powder room providing a fifth WC, there is room for everyone.
Upstairs, the balcony has been thoughtfully enclosed to provide an additional protected space while helping to shield the home from traffic noise.

A separate self-contained granny flat adds another valuable dimension. It features brand-new kitchen cabinetry and a full bathroom-ideal for extended family, independent living or potential rental income. Please note that retrospective council approval will be required for the conversion.

Renovated Today-Develop for Tomorrow

The enormous 1,159sqm R40-zoned site presents a range of exciting possibilities, including:
Retain the renovated main residence and create one or potentially two additional lots
Live in the main home, rent the granny flat and subdivide a rear lot
Explore a three-lot redevelopment of the entire site
Accommodate a large or multigenerational family
Establish multiple potential income streams while planning the property's future
A dividing fence has already been installed between the proposed lots, while the new front boundary fence and automated gate provide privacy, security and a strong street presence.
Recent sales along Karrinyup Road demonstrate the demand for smaller finished properties, including 519A Karrinyup Road, which sold for $738,888, and 3/499 Karrinyup Road, which sold for $900,000. Against this backdrop, the scale and versatility of this 1,159sqm holding make it an especially compelling opportunity.

Property Highlights
Massive 1,159sqm landholding
R40 zoning
Potential two or three-lot subdivision
Retain-and-build possibilities
Solid double-storey brick-and-tile residence
Eight generous bedrooms
Four full bathrooms
Separate powder room providing a fifth WC
Extensively renovated throughout
Beautiful contemporary colour palette
Quality flooring, hardware and finishes
Enclosed upstairs balcony for greater comfort and noise protection
Separate self-contained granny flat
Brand-new kitchen cabinetry and full bathroom in the granny flat
New boundary fencing
Automated entry gate
Dividing fence between the proposed lots
Close to Karrinyup Shopping Centre, Westfield Innaloo, schools, parks, public transport, the coast and Perth CBD

Move into the main home, generate potential income from the granny flat, create another lot and prosper-or unlock the full development potential of this remarkable site.
Properties offering this combination of size, renovation, accommodation and development flexibility are exceptionally difficult to find.

Building Year: 1963, Renovated: 2026, Building size: 348 sqm

All subdivision, development, rental and retain-and-build options are subject to relevant authority approvals, site investigations and buyer due diligence. The granny-flat conversion requires retrospective council approval. Balcony enclosed, automated gate may require retrospective council approval.

Disclaimer:
Although diligence has been taken, this information is provided for introduction purposes only and is based on
information provided by the seller, and it may be subject to change. No warranty or
representation is made as to its accuracy and interested parties should inspect the property and do their own due diligence to verify the information.