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Prime Off Market Development Opportunity in Yokine
Discover an incredible investment opportunity nestled in the heart of Yokine. This expansive 769sqm property, zoned R30, presents a compelling opportunity for subdivision, offering the potential to create two street-facing lots*.
Currently housing a spacious 1960s 4-bedroom brick and tile home, this property epitomises potential. The home features a classic bathroom with a 2nd shower in the laundry, an enormous kitchen/dining area, separate lounge and family room, and a large, enclosed sunroom or additional living area. Complete with evaporative ducted air conditioning, a tandem lock-up auto garage, and drive-thru access to another garage/workshop at the rear. The property is currently tenanted until 3/10/25, generating a rental income of $660 per week with good tenants.
Ideally situated close to shops, schools, and public transport, this property is an investor's dream.
*Subject to Western Australian Planning Commission, Council, and all other required regulatory authority approvals. Although every effort has been made to ensure the information provided in this ad is accurate, the buyer is responsible to undergo their own due diligence on the property and its future development potential to form their decision to purchase.
Don't miss out on this investment opportunity with substantial development potential in a sought-after location!
Contact Vanessa Mannion on 0493 71 5553 today to discuss further.
Property features
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Garages
2
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Toilets
2
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Floor area
122m2
Property snapshot by reiwa.com
This property at 16 David Street, Yokine is a four bedroom, two bathroom house sold by Vanessa Mannion at Acton | Belle Property Mount Lawley on 21 Mar 2025.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Yokine or see other recently sold properties in Yokine.
Cost breakdown
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Council rates: $1,736 / year
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Water rates: $1,119 / year
Nearby schools
Yokine overview
Are you interested in buying, renting or investing in Yokine? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Yokine offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Yokine quick stats
High end
$1.4m
Median
$1.1m
Low end
$879k
7.1%
Annual growth
$1.1m
Annual median sales price
$750pw
Annual median rental price
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