58 Frederick Street

Wanneroo WA 6065

Located in one of Wanneroos most accessible and well-established precincts, this large 2,175sqm landholding presents a compelling opportunity for developers, investors, or those looking to secure a strategic future project.The property benefits from flexible R20/R60 zoning under the City of Wanneroo planning framework, allowing for a variety of development outcomes (subject to the relevant approvals). Based on current planning controls, potential options may include: Subdivision under R20 zoning up to 4 lots (minimum 350sqm, average 450sqm) (STCA) Subdivision under R60 zoning up to 14 lots (minimum 120sqm, average 150sqm) (STCA) Multiple dwelling development under R60 potential for up to 25 apartments (STCA)Currently situated on the land is a three-bedroom, two-bathroom residence, which is leased through to January 2026. This provides an income stream while design, feasibility, or approval processes are undertaken.From a location standpoint, the property is ideally positioned. Wanneroo Primary School is within walking distance, while Wanneroo Central Shopping Centre, local cafs, dining options, and essential services are all close at hand. Nearby recreational facilities include Wanneroo Aqua motion, Scenic Drive Park, and Lake Joondalup, further enhancing the appeal of the area.Offering scale, zoning versatility, and a prime Wanneroo address, this is a rare opportunity to acquire a site with both short-term holding benefits and long-term development upside.Inspections are by appointment only.For further information, please contact:Xavier PeacockHaiven PropertyPhone: 0429 155 516Email: peacockteam@haivenproperty.com.auDisclaimer: This information is provided for general information purposes only and is based on information provided by the Seller 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.