7 Mcmaster Street

Victoria Park WA 6100

Proudly Presented by Edward Lim | Ray White ELGTwo Titles. 1,479m2. Endless Possibilities. Rarely does an opportunity like this come along in the heart of Victoria Park.7 & 9 McMaster Street comprise two separate titles, two existing homes and a combined 1,479sqm landholding, with both properties zoned R60. They are offered for sale together or individually.Sold on an as-is basis, this is an opportunity for developers, investors, renovators and owner-occupiers to decide what the next chapter looks like.7 MCMASTER STREETSet on a generous 713m2 block, this largely original brick and tile home offers two bedrooms, a sleepout, separate toilet and laundry.While the home itself offers plenty of scope, it's the land that really stands out. Zoned R60 and offering the potential for city views from a future double storey or apartment development, this is an exciting opportunity for those looking to redevelop or secure a well-positioned holding.Subject to approvals, there is potential for medium-density development including villas, townhouses or apartments, with the zoning typically allowing up to three storey (approximately 11.5m). A potential four-lot subdivision may also be worth exploring.9 MCMASTER STREETSitting on an impressive 766m2 R60 zoned block, this largely original three bedroom, one bathroom home offers plenty of options for its next owner.Downstairs, the converted under croft has been set up as a self-contained studio, complete with its own living area, kitchen/laundry, bathroom and bedroom.Whether you choose to renovate and make it your own, occupy, hold for the future or explore the development potential, there's plenty to work with here.The elevated position also offers the potential for city views from a future double storey or apartment development. Subject to approvals, the R60 zoning provides potential for medium-density development including villas, townhouses or apartments, with typical allowances of up to three storey (approximately 11.5m) and a potential four lot subdivision.THE BIGGER PICTUREPurchase either property individually or secure both and take advantage of the full 1,479m2 combined holding.With R60 zoning, substantial land, there is plenty here for developers to investigate, while investors and owner-occupiers will appreciate the flexibility and location.The Albany Highway Precinct Structure Plan is also progressing through its planned stages, adding further interest to the future of the precinct. Any development or subdivision remains subject to the relevant approvals.AND THEN THERE'S VICTORIA PARK...Enjoy the cafes, restaurants, bars, shops and everyday conveniences of the Albany Highway strip, with the Perth CBD, Crown Perth, Optus Stadium, Swan River, schools, parklands and transport links all close by.It's a location where lifestyle and convenience genuinely come together.THE PROPERTIES & WHAT WE LOVE:- Two separate titles, offered together or individually- Sold on an as-is basis- 7 McMaster Street: 713sqm | 2 bedrooms + sleepout | 1953- 9 McMaster Street: 766sqm | 3 bedrooms | 1957- 1,479sqm combined landholding- R60 zoning across both properties (Town of Victoria Park LPS2)- Potential four-lot subdivision, STCA- Potential medium-density development, STCA- Self-contained undercroft studio at 9 McMaster Street- Potential city views- Close to Victoria Park's cafe and dining strip and Perth CBDBuy one. Buy both. Renovate. Hold. Occupy. Develop.Outgoings | 7 McMaster Street - Council Rates: app. $1,925.56 (FY 26 - 27)- Water Rates: app. $1,137.00 (FY 25 - 26)Outgoings | 9 McMaster Street - Council Rates: app. $2,018.14 (FY 26 - 27)- Water Rates: app. $1,184.33 (FY 25 - 26)** We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.**