Rare Opportunity! Large 1.56HA Block with 4x1 + Large Workshop Shed!
Welcome to a truly unique opportunity in one of the most sought after and fastest growing suburbs in the southern corridor of Perth. Lot 1531 Leslie Street in Southern River presents a generous landholding of approximately 1.56 hectares that combines a calm lifestyle setting with exciting future potential.
The property currently features a four bedroom one bathroom home that is leased to long term tenants until August 2026. The tenancy provides an immediate and reliable rental return of six hundred and eighty dollars per week, allowing you to secure income while planning your next move with this versatile block.
This landholding offers endless possibilities. For families, it provides the chance to live in a spacious environment that feels more like a farm or rural retreat while still being only a short drive to local schools, shopping centres, cafes and community facilities. For investors and developers, the future development prospects are highly appealing given the strong population growth and expansion already underway throughout the Southern River area.
Key features include (but not limited to):
- A large parcel of land measuring approximately 1.56 hectares
- A solid four bedroom one bathroom residence with a fixed term lease in place
- Secure weekly rental income of six hundred and eighty dollars until August 2026
- Large shed for storage, mechanic, use gym set up and much more
- A lifestyle property with plenty of room for a family to enjoy space and privacy
- Future development potential in a suburb that continues to grow and thrive
Opportunities of this scale in Southern River are increasingly rare. Properties that offer both immediate rental return and long term potential do not come to market often, making this an ideal chance to secure a holding that can deliver both lifestyle enjoyment and future capital growth. This property is perfect for those seeking to live in a developing suburb while still enjoying a sense of space and tranquillity. It is equally attractive to investors who recognise the value of securing land in one of Perth's most dynamic growth areas.
Lot 1531 Leslie Street is a rare find and represents outstanding value for anyone seeking a lifestyle property with room to move and the possibility of future development with talks of a feature structure plan to cover this area. We encourage you to work with local council at the City of Gosnells for specific information about this property so that your due diligence is completed.
Do not miss this chance to secure such a wonderful opportunity. Please contact Anna-Marie on 0437 416 487 or email annamarie@harcourtsprestige.com.au or Teagan on 0478 120 088 or email teagan@harcourtsprestige.com.au.
Disclaimer:
The information provided has been prepared with care however it is subject to change and is not intended to form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative cannot be held responsible for any inaccuracies (block sizing taken from trusted sources such as local council). Interested parties must be sure to undertake their own independent enquiries. Reference to a school does not guarantee availability of that particular school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy on this information.
The size of Southern River is approximately 14.0 square kilometres. There are 24 parks, covering nearly 10.4% of the total area. The population of Southern River in 2016 was 10350 people. By 2021 the population was 12852 showing a population growth of 24.2% in the area during that time. The predominant age group in Southern River is 0-9 years. Households in Southern River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southern River work in a professional occupation.In 2021, 81.40% of the homes in Southern River were owner-occupied compared with 82.30% in 2016.
Southern River has 6,889 properties. Over the last 5 years, Houses in Southern River have seen a 96.28% increase in median value, while Units have seen a 82.43% increase. As at 31 July 2026:
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