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Overview
287 Morley Drive East
A rare opportunity presents itself with this 728m² block, offering remarkable flexibility due to its R20/50 zoning. This zoning is ideal for retaining and building, duplex, or triplex development (subject to council approval). Perfectly suited for first-time buyers or investors, the home has been fully repainted and features a modern kitchen, three bedrooms, a separate laundry, and a bathroom. Currently, the property is leased at $730 per week, with the lease set to end on May 25, 2026, allowing for renewal or notice to vacate.
The property also includes a borewell, a shed, and a back area that has already been slabbed, providing excellent options for entertaining and storage, along with potential for further development.
Key Features:
- 728m² block with strong development potential
- R20/50 zoning - retain and build or full redevelopment (subject to council approval)
- Potential for 2-3 dwellings (subject to council approval)
- Currently leased at $730/week, lease ends May 25, 2026 (renewable or notice can be given)
- Fully repainted, modern kitchen, three bedrooms, separate laundry and bathroom
Nearby Schools:
- Lockridge Primary School - local government primary school
- Good Shepherd Catholic School - Catholic primary school
- Eden Hill Primary School - government primary
- East Beechboro Primary School - another public option
- Casa Mia Montessori Community School - independent primary
Secondary Schools:
- Kiara College - government high school
- Hampton Senior High School - government high school
- Guildford Grammar School - independent PP-12 school
Nearest Train Stations:
- Success Hill Station (Midland Line)
- Noranda Station (Ellenbrook Line)
Buyer/Investor Hook:
Whether you are a developer looking to unlock R50 potential, an investor seeking strong rental returns, or a first-time buyer in search of a move-in-ready modern home, this property offers the best of both worlds. Opportunities like this in Lockridge are rare, so inquire today!
Disclaimer: This information is provided for marketing purposes only. While believed to be reliable, buyers must conduct their own due diligence. No warranty is given or implied.
Change History
| Headline | When |
|---|---|
| OFFERS | |
| Under Offer | |
| Expression Of Interest |
Location
Lockridge WA 6054
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.