521 Karrinyup Road

Innaloo WA 6018

Home Open Aug 15th and 16th Saturday & Sunday 2:00pm to 2:30pm, please register your viewing with Lucy Deng by SMS her at 0435 961 829 in case time changes. 8 Bedrooms | 4 Bathrooms | Powder Room/5th WC | Self-Contained Granny Flat | 1,159sqm | R40 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 TomorrowThe 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 oninformation provided by the seller, and it may be subject to change. No warranty orrepresentation is made as to its accuracy and interested parties should inspect the property and do their own due diligence to verify the information.