1 Monument Street

Peppermint Grove WA 6011

Set in one of Perth's most exclusive suburbs, this expansive single-level family residence in Peppermint Grove offers the perfect blend of lifestyle, location, and long-term value. Nestled between the river and the sea, and surrounded by the city's most prestigious public and private schools, this home delivers both luxury living and blue-chip investment potential.Boasting five spacious bedrooms, two bathrooms and an open-plan living and dining area, this home is perfect for growing families or savvy buyers seeking a flexible floorplan. The oversized kitchen has ample bench and storage space, while a bonus mezzanine space adds valuable extra living or working areas. Outside, the property offers parking for eight or more cars, ideal for families, guests, or future commercial use.Property Features:- 5 large bedrooms including a spacious master suite with walk-in robe- 2 bathrooms, ideal for growing families or multi-generational living- Open-plan living and dining area perfect for entertaining- Oversized kitchen with ample bench and storage space- Bonus mezzanine level - ideal as a home office- Massive off-street parking for 8+ vehicles- Comfortable, single-level layout with versatile living zonesDevelopment Potential (R80 Mixed Use Zoning):- Zoned R80 Mixed Use - allowing a wide range of high-value uses- DA approval previously granted for 5 x three-storey townhouses- Future possibilities include: multi-residential dwellings, mixed-use developments, offices, childcare,cafes, and more (*STCA)Lifestyle Location:- Located in the prestigious Peppermint Grove enclave- Minutes to Cottesloe Beach and the Swan River foreshore- Surrounded by elite schools including PLC, Scotch College, and St Hilda's- Easy access to boutique shops, cafes, parks and transport links- Well-connected via the new train line from Fremantle to Perth and the airportWhether you're looking to move in and enjoy, lease for investment, or develop for the future, this is a rare and golden opportunity to secure premium real estate in one of Perth's most coveted suburbs.Live, rent or develop - the choice is yours.Rates & Local Information:Water Rates: $1,498.86 (2023/24)Shire of Peppermint Grove Council Rates: $4,010.10 (2024/25)Zoning: R80Primary School Catchment: Cottesloe Primary SchoolSecondary School Catchments: Shenton CollegeDISCLAIMER: This information is provided for general information purposes only and is based on information provided by third parties including the Seller and relevant local authorities and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.*Please note: The development plans and images provided are proposed concepts only and are subject to approval by the Shire of Peppermint Grove and relevant authorities. Buyers are encouraged to make their own enquiries directly with the Shire regarding development potential and approval processes.