3 Rayleigh Street

Middle Swan WA 6056

1, 3 & 5 Rayleigh Street - A Rare, Aligned OpportunityWhen the stars align, savvy developers take action.For the first time, three neighbouring properties-1, 3 & 5 Rayleigh Street-are being offered together, forming a massive 2,913m2 development site (971m2 each) in the fast-evolving Middle Swan area. With a flexible R20/35 zoning, this is your chance to create, retain, or redevelop - the potential here is as vast as the land itself.Whether you're looking to subdivide, build multiple dwellings, or secure a prime landholding for future capital growth, this offering ticks all the right boxes.All three homes are currently tenanted with long-term occupants, giving you immediate rental return as you plan and prepare your vision. While each property would benefit from cosmetic improvements and some tree clearing to front and rear yards, they provide a solid foundation to work from.Development Highlights:- Combined Land Size: Approx. 2,913m2 (3 x 971m2 lots)- Zoning: R20/35 - Ideal for multiple dwelling or retain-and-build strategies (STCA)- Prime Location: Quiet residential street in Middle Swan, close to schools, parks, transport & local amenitiesProperty Overview:- 1 Rayleigh Street -3 bed | 1 bath | TenantedRequires significant cosmetic upgrades - ideal for a complete transformation- 3 Rayleigh Street -3 bed | 1 bath | TenantedWell-kept with aged interiors - a fresh update would go a long way- 5 Rayleigh Street -4 bed | 2 bath | TenantedIn the best condition of the three, though still dated - an excellent candidate for renovation or retention- All properties require tree clearing to front and rear yards (easily manageable)- All are tenanted with secure rental income during your planning and application phases- Excellent potential to renovate, retain, or rebuild- Minutes from Midland Gate Shopping Centre, Swan Valley wineries, schools & transport- Easy access to Great Northern Hwy and Roe Hwy- Strong demand for housing in the growing Middle Swan corridorOpportunities like this don't come often.Get in touch today with Russell: 0429 927 720 or George: 0405 854 654 to discuss how 1, 3 & 5 Rayleigh Street could be the cornerstone of your next big project.