449 Karrinyup Road, Innaloo WA 6018

Prime Innaloo Investment Opportunity – Land bank or Develop in blue-chip coastal corridor!

Set within one of Innaloo’s most tightly held and strategically positioned corridors, this exceptional 810 m2 property represents a compelling fusion of immediate income, long-term capital growth, and high-end development potential.

Occupying a prized R40-zoned site, the property currently comprises a well-maintained, leased three-bedroom residence, delivering secure holding income while you plan for the future.

Whether your vision is to craft a boutique multi-dwelling triplex development or simply secure a premium landholding in a proven growth precinct, the flexibility here is both rare and highly valuable.

This is a sophisticated acquisition for buyers who understand the enduring appeal of coastal proximity, infrastructure investment, and zoning-driven upside.

Investment & Development Credentials

• Prime R40 zoning allowing for triplex redevelopment (subject to approvals)
• Existing leased dwelling providing immediate cash flow
• High-demand coastal suburb with strong underlying land value growth
• Ideal for developers, strategic investors, or long-term land bankers

An Elevated Lifestyle Setting

Moments from your doorstep lies the award-winning Karrinyup Shopping Centre — a benchmark in Perth retail and lifestyle precincts. Following its landmark redevelopment, it now offers a curated mix of luxury retail, flagship brands, artisan dining, rooftop entertainment, cinemas, and wellness experiences — delivering a lifestyle more commonly associated with inner-city living.

The coastline, however, is what truly defines this location. Within minutes, you can immerse yourself in the pristine waters of Mettams Pool, enjoy the natural beauty and surf culture of Trigg Beach, or embrace the vibrant beachfront scene of Scarborough Beach, where dining, entertainment and recreation converge along one of Perth’s most iconic stretches of coastline.

Families are exceptionally well catered for, with access to highly regarded schooling options including Yuluma Primary School, Deanmore Primary School and St Dominic's School, alongside sought-after secondary institutions such as Churchlands Senior High School and Carine Senior High School.

For leisure and open space, nearby reserves including Birralee Reserve and Abbett Park Reserve provide beautifully maintained parklands, sporting facilities and recreational amenity.

A Strategic Acquisition

Opportunities of this calibre — combining blue-chip coastal positioning, strong holding income, and genuine multi-dwelling development potential — are tightly held and increasingly scarce.

This is not simply a property purchase; it is a forward-looking investment in location, lifestyle and long-term value creation.

*** Coming Soon – Please contact Chris Storey 0420 290 906 for further details and upcoming viewing arrangements ***

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, neither the Agent nor the Seller guarantee their accuracy. The particulars of this advertisement are supplied for general information only and shall not be taken as representation in any respect on the part of the Seller or their Agent nor form part of any contract. Prospective clients should carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.