50 Petra Street

Palmyra WA 6157

Nestled in a highly sought-after pocket of Palmyra abutting the East Fremantle border, this sprawling 1,052m2 property, zoned R20 offers a rare combination of character, charm and exciting future prospects. With a character-filled home, a large land area, and zoning that presents exceptional development potential, this property is perfect for astute buyers, developers, or those looking to secure a substantial parcel of land with a gorgeous character home welcoming you to add your own touch in a prime location.Retain the home and bring to life with a full renovation, extend, explore the options for subdivision with potentially three lots. Take your pick, all the options you could ever wish for are here awaiting the lucky new owner(s) to decide upon the next chapter. Unprecedented opportunity awaits.The existing character home showcases all the classic features of its era, including high ceilings, jarrah flooring and skirting, ornate ceiling details and expansive windows that invite natural light into the spacious rooms. While the property is ripe for renovation, it also provides plenty of room for expansion. For those with a vision, this home offers an excellent canvas to restore or modernize, transforming it into a contemporary haven while retaining its timeless charm.Whether you envision a spacious extension, a luxurious outdoor entertaining area, or a pool and landscaped gardens, the size and layout of the block will easily accommodate these ideas. This could potentially be done whilst subdividing some of the huge backyard into a new allotment and using these funds for the extension.The location of this property only adds to its appeal. Palmyra is known for its family-friendly atmosphere and proximity to some of Perth's most desirable lifestyle amenities. The property is located in this most convenient of locations just moments from local shops, cafes, Woolworths, East Fremantle Football oval and the thriving Fremantle precinct offering a wealth of dining, shopping, and entertainment options. Public transport links are also easily accessible, providing convenient access to Fremantle, the Perth CBD, and surrounding areas. A short drive will also lead you to some of the most beautiful beaches along the Western Australian coastline.This is a rare opportunity to secure a substantial parcel of land with limitless potential in one of Palmyra's most desirable locations. Whether you're looking to renovate the existing character home, subdivide the land for development, or build your dream family sanctuary, this property offers the versatility to suit a variety of needs.Don't miss out on this fantastic opportunity. Properties with this combination of size, location and potential are highly sought after and do not come around often. *Disclaimer noteInformation provided within this advertisement is 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 prior to making any offer.