Positioned on an exceptional 1,264sqm parcel in the heart of Applecross, 66 Macleod Road presents a rare opportunity where immediate usability meets significant future development potential.
Currently zoned R15, this substantial landholding is identified within the City of Melville's proposed Local Planning Scheme No. 6 changes for an increase to R40 density. Should the proposed changes ultimately be approved and implemented, the higher density coding could significantly broaden the possibilities for this already impressive site.
For developers, investors and land bankers, the scale of the property creates an exciting opportunity to explore a variety of future development concepts. Subject to all relevant approvals and planning requirements, an R40 coding could potentially accommodate a grouped housing development of approximately five dwellings, with the possibility of further yield depending on the final planning framework, site design and applicable concessions.
Potential concepts may include a collection of contemporary villas or townhouses accessed from a shared driveway, individual street facing residences where frontage and subdivision requirements allow, or subdivision into multiple survey strata or green title lots.
For those looking beyond traditional grouped housing, the generous 1,264sqm site may also provide scope to investigate a boutique apartment style development under the applicable R Codes and planning provisions. Depending on the final planning controls, design response, parking, landscaping, plot ratio and approval requirements, a low rise development comprising approximately six to eight residences may be worth exploring.
Importantly, there is no immediate need to develop.
The property currently accommodates a well maintained 1960s residence comprising two bedrooms, one bathroom and single car accommodation. Timber flooring, generous natural light, a comfortable lounge opening to the front verandah and a functional kitchen overlooking established gardens give the home plenty of character and practicality.
The enormous backyard highlights just how substantial this landholding truly is, while also allowing the existing residence to continue providing accommodation or potential rental income while future plans are considered.
The location further strengthens the opportunity. Positioned within sought after Applecross, the property enjoys excellent access to local cafés and restaurants, Applecross Village, Westfield Booragoon, the Swan River, quality schools, parks and major transport connections.
Whether your vision is to secure an exceptional site for the future, explore subdivision, create a boutique residential development or simply hold a substantial piece of Applecross land while the planning framework evolves, 66 Macleod Road represents an increasingly rare opportunity of scale, flexibility and long term potential.
Planning Disclaimer: The proposed R40 density coding forms part of the City of Melville's current review of Local Planning Scheme No. 6 and has not yet received final approval or come into effect. Any subdivision, development configuration, dwelling yield, apartment development or other planning outcome is indicative only and remains subject to the final adopted planning framework, Residential Design Codes, City of Melville requirements, Western Australian Planning Commission approval where applicable, site characteristics, servicing requirements and all other relevant statutory approvals. Buyers should undertake their own independent planning and development enquiries.
For further information or an obligation free appraisal, contact listing agent Eric Hartanto.
Location (approx. km):
• Applecross Primary School (0.7km)
• Ardross Street Village (0.8km)
• Swan River Foreshore (0.9km)
• Jeff Joseph Reserve (1.0km)
• Tompkins Park (1.3km)
• Wireless Hill Park (1.7km)
• Applecross Senior High School (2.0km)
• Westfield Booragoon (2.5km)
• Goolugatup Heathcote Reserve (2.6km)
• Santa Maria College (4.0km)
• Aquinas College (4.3km)
• Wesley College (5.2km)
• Canning Bridge Station (3.5km)
• Perth CBD (10.5km)
• Fremantle (11.0km)
