37 Paine Court

Karrinyup WA 6018

Calling all developers and investors, you won't believe the potential of this property, especially as it's just moments from WA's stunning coastline. With 726sqm of rare earth, there are so many options here. Whether you develop or renovate, you can't go wrong in highly desirable Karrinyup.As it stands, the 1960s dwelling begs to be either demolished or renovated. With some updates, it's possible to live in the home or utilise it as an investment. However, by demolishing the existing house, this development parcel of land, zoned as R30, means you can subdivide and build a house on each block. What an opportunity in a prime location.Whether you live in one of the new homes and rent out the other, or rent out both, creates a lucrative opportunity for savvy investors. Of course, if you choose to sell, this is perfect for families, professionals, couples and downsizers.Since you're within a short walking distance of Karrinyup Shopping Centre, one of Perth's best shopping, dining and entertainment precincts, and you're minutes from Scarborough/Trigg Beach, building your dream home here wouldn't be out of place among the many other impressive properties nearby. There is also the option to jump on the trend of building a home that caters specifically to multi-generational families, putting you ahead of the game with a cutting-edge design. As the coast is only three kilometres away, with as your nearest beach, you have easy access to an endless coastline, including Scarborough Beach Foreshore, Trigg Beach and Mettams Pool. Imagine a lifestyle where sunsets and coastal adventures could be easily incorporated into your daily routine. Lake Gwelup Regional Open Space is a stroll away, where you will find sporting, picnic and playground facilities, plus walking trails surrounded by natural bushland. You're only a short drive to both Lake Karrinyup Country Club, which has an 18-hole championship golf course and the Hamersley Public Golf Course. Families will appreciate the proximity to several nearby schools, including Karrinyup Primary School, Newborough Primary School, Carine Senior High School, Our Lady of Good Counsel School and St Mary's Anglican Girls' School. You have super easy access to main arterial roads, including Karrinyup Road, Mitchell Freeway and the Reid Highway, as well as Stirling Train Station. The potential of this property is only limited by your imagination. Please don't hesitate to contact Chris Kotsopoulos on 0400 241 017 or ckots@thoughtleadersre.com.au to arrange a viewing today.Property features:- 726sqm of potential in highly desirable Karrinyup- Development parcel of land zoned R30- Demolish and develop OR retain and renovate- Build your dream home- Existing 1960s home ripe for renovation - Enormous rental potentialLocation highlights:- 250m to Karrinyup Shopping Centre- 1km to Our Lady of Good Counsel School- 1km to Lake Gwelup Regional Open Space - 1.2km to Newborough Primary School- 1.5km to Karrinyup Primary School- 2.2km to the Mitchell Freeway entrance- 2.7km to St Mary's Anglican Girls' School- 3.1km to Lake Karrinyup Country Club- 3.3km to Trigg Beach- 3.6km to Carine Senior High School- 4km to Stirling Train Station- 4.8km to Scarborough Beach- 9km to Hillarys Boat HarbourCLOSING DATE SALEAll Offers Invited - All Offers PresentedBy 6:00pm on Wednesday 20 May 2026 - UNLESS SOLD PRIORContact: Chris - Before it's too late!Chris Kotsopoulos: 0400 241 017ckots@thoughtleadersre.com.au