6 Yera Place
Wanneroo, WA 6065

Overview

The Ultimate Family Sanctuary Meets Future Development Potential in Wanneroo

Whether you are seeking a spacious and modern home to raise your family or a high-yield investment opportunity, 6 Yera Place in Wanneroo offers an exceptional blend of comfort and future development potential. Situated in a quiet, private cul-de-sac, this property boasts an expansive 783 square meter level block with R20/40 zoning, providing immediate livability alongside significant long-term upside.

This solid double-brick family home serves as a quality-built canvas with limitless potential. Featuring a functional and spacious layout, the residence invites a touch of tender loving care and strategic improvements to elevate it to the next level. Enhancements such as a fresh coat of paint, updated flooring, or contemporary landscaping can transform this well-positioned home into a standout neighborhood showpiece, substantially increasing its value.

The property’s expansive 783 square meter block is nestled in a peaceful cul-de-sac and benefits from high-density R20/40 zoning. This zoning classification presents a premier opportunity for developers, savvy investors, or homeowners aiming to build significant equity.

A Ready-to-Enjoy Family Home

• Energy Efficiency: Equipped with solar panels to significantly reduce power bills and promote cost-effective living.
• Spacious Living: The floor plan includes three generous bedrooms, one bathroom, and two toilets, ensuring ample space for family needs.
• Entertainer's Kitchen: Modern design featuring a breakfast bar, ideal for busy mornings or hosting guests.
• Multiple Zones: Includes a family area and a versatile sunroom, providing extra living space.
• Outdoor Retreat: A large covered patio overlooks the private garden, perfect for children, pets, and weekend barbecues.
• Storage & Workspace: Ample room for hobbies with a functional workshop, garden shed, and a single carport complemented by additional off-street parking.

Development Scenarios (Subject to Council Approval)

This property offers remarkable versatility with three distinct pathways to maximize your return:

• Option 1: The Modern Transformation - Elevate the existing three-bedroom home with a high-end renovation. The solid structure, multiple living areas, and sunroom provide an excellent foundation for creating a stunning family residence on a large traditional block, perfect for those seeking space and a fresh home feel in an established area.
• Option 2: Retain and Build - Capitalize on the land size by retaining the original home to maintain rental income or residency while developing the rear. This approach offers the best of both worlds, allowing for future growth without immediate full-scale demolition.
• Option 3: Full Triplex Development - Clear the site to create three potential new lots. The R20/40 zoning and 783 square meter footprint provide an ideal canvas for a high-yield triplex project in a sought-after suburb.

Investment & Property Highlights

• Immediate Income: The property is currently leased until 17th September 2026 at $620 per week, providing steady cash flow while you finalize your plans.
• The Residence: Features three spacious bedrooms, one bathroom, two toilets, and a modern kitchen with a breakfast bar.
• Outdoors & Storage: Includes a large covered patio, functional workshop, garden shed, and a single carport with additional off-street parking.
• Location Excellence: Within walking distance to Wanneroo Central Shopping Centre, schools, and parks. Only 22 kilometers to Perth CBD with easy freeway access.

Key Specifications

• Zoning: R20/40
• Land Size: 783 square meters

This property represents an appealing multi-option opportunity. Whether you choose to renovate to live, retain to build, or develop, the potential upside is undeniable. Do not miss this exceptional chance to secure a versatile home with significant future prospects.

Disclaimer: The information provided is for general purposes only and is based on details from the seller. It may be subject to change, and no warranty or representation is made regarding its accuracy. Interested parties should conduct their own inquiries. Any development potential, including subdivision, retain and build, or triplex site possibilities, is strictly subject to Council Approval (STCA) and all relevant local and state government requirements. Buyers are encouraged to perform due diligence with the City of Wanneroo and relevant authorities regarding the property’s specific development capabilities. Some images may be virtually staged or enhanced for illustration and may not reflect the current or final state of the property.

Change History

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