One of the last remaining R40 “full blocks" remaining on the street. Located at your door step is the fantastic entertainment, shopping and dining options of the up & coming Riseley Precinct. Ideally located just minutes from the Perth CBD on the fringes of the highly sought after suburbs, within some of Perth's very best school zones and moments to Westfield Booragoon. Just metres to the rapidly changing Riseley Activity Centre, this property offers the astute buyer an absolutely fantastic opportunity to invest in a premium R40 development site. With a variety of different possibilities under the City of Melville Local Planning Scheme to subdivide up to four lots or as an apartment development with a maximum height of 10.5 meters subject to council and WAPC approval. The foot print and foundations of a wonderful townhouse development are there for you to capitalise and continue with (saving you tens of thousands of dollars) or start again with your own design and ideas. Whether you're looking to develop now or to hold for future gains, you must consider this unique gem! FEATURES INCLUDE: - R40 Zoning - potential for Group or Multi-dwelling development - 10.5m height limit - Perfectly apportioned Green titled 1012sqm - 20.12 meter frontage LOCATION - 3min walk to multitude of cafes & restaurants - 5min walk to Shirley Strickland Oval - 6min walk to Ardross Primary & Applecross High Schools - Excellent access to Perth CBD & Fremantle - 2min drive to Westfield Booragoon Shopping Centre - Public transport metres away Contact exclusive selling agents Joseph Mansour and Ian Barnes today. Property Code: 931