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Overview
Approved Plans, Titles Issued - Build-Ready Corner Block in Padbury
Located at Lot 1, 2 Macarthur Street, Padbury WA 6025, this property offers a rare build-ready corner block opportunity with approved plans and titles issued. The land size is 348 square meters, featuring survey-strata and vacant land status, making it an ideal canvas for new construction.
This corner block is situated on a quiet intersection of Macarthur and Macquarie Avenue within one of Padbury's most established and community-oriented neighborhoods. It enjoys excellent street presence while being positioned away from through-traffic, providing both privacy and visibility. This location offers flexibility and a head start that is increasingly difficult to find so close to the coast.
For investors, this property presents a smart entry point. With ongoing discussions and proposed reforms regarding capital gains tax concessions and negative gearing, particularly favoring newly built dwellings over established stock, owning a build-ready block with approved plans could provide a strategic advantage. New builds typically offer benefits such as lower maintenance costs, strong rental appeal, and depreciation advantages. Prospective buyers are advised to seek their own financial and tax advice to understand how these reforms might impact their individual circumstances.
The property is ready for immediate development. The previous home has been demolished, the title has been issued, and council-approved plans for a modern four-bedroom, two-bathroom home designed by Mark Anthony Design are included in the sale. This allows buyers to bypass lengthy planning queues and approval delays, enabling them to commence construction promptly. This is a significant advantage in the current building environment, where lead times and holding costs can accumulate quickly. Alternatively, buyers may choose to bring their own design vision to this cleared block, which offers a blank canvas for customization.
The adjoining lot has already engaged a builder and is set to commence construction shortly. This development will help establish a fresh, high-quality streetscape from the outset, ensuring that the new build will not be isolated and that the surrounding presentation will enhance the neighborhood's appeal from day one.
Key features of this property include:
- Cleared and ready to build with no demolition or delays
- Council-approved four-bedroom, two-bathroom plans included
- Corner block with strong street presence and design flexibility
- Neighboring lot commencing construction soon
- Located in an established, tightly held Padbury pocket
The location offers convenient access to various amenities and transport options:
- Westfield Whitford City shopping center approximately 2.3 kilometers away
- Whitfords train station about 2.3 kilometers away
- Nearest bus stop within 250 meters
- Local parks and playgrounds within 500 meters
- IGA and Padbury Shopping Centre approximately 2.4 kilometers away
- Mullaloo Beach around 4.7 kilometers away
- Hillarys Boat Harbour about 6.4 kilometers away
- Perth Central Business District approximately 21 kilometers away
Padbury is renowned for its leafy streets, quality schools, and a community where neighbors genuinely look out for one another. Residents enjoy easy access to parks, beaches, shopping, and public transport, blending convenience, lifestyle, and a welcoming community atmosphere. The suburb continues to grow in demand for all the right reasons.
Distances mentioned are approximate estimations.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Padbury WA 6025
Market Insights for Padbury WA 6025
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