521 Karrinyup Rd, Innaloo WA 6018

Set securely behind a new boundary fence and automated entry gate, this extensively renovated double-storey brick-and-tile home offers exceptional space for a large or multigenerational family-together with multiple possibilities for rental income and future development.

The substantial main residence has been transformed with no expense spared. A sophisticated contemporary colour palette, quality flooring, stylish hardware and carefully selected finishes create a beautiful home that is ready to enjoy. With eight bedrooms, four bathrooms and a separate powder room providing a fifth WC, there is room for everyone.

Upstairs, the balcony has been thoughtfully enclosed to provide an additional protected space while helping to shield the home from traffic noise.

A separate self-contained granny flat adds another valuable dimension. It features brand-new kitchen cabinetry and a full bathroom-ideal for extended family, independent living or potential rental income. Please note that retrospective council approval will be required for the conversion.

Renovated Today-Develop for Tomorrow

The enormous 1,159sqm R40-zoned site presents a range of exciting possibilities, including:

Retain the renovated main residence and create one or potentially two additional lots

Live in the main home, rent the granny flat and subdivide a rear lot

Explore a three-lot redevelopment of the entire site

Accommodate a large or multigenerational family

Establish multiple potential income streams while planning the property's future

A dividing fence has already been installed between the proposed lots, while the new front boundary fence and automated gate provide privacy, security and a strong street presence.

Recent sales along Karrinyup Road demonstrate the demand for smaller finished properties, including 519A Karrinyup Road, which sold for $738,888, and 3/499 Karrinyup Road, which sold for $900,000. Against this backdrop, the scale and versatility of this 1,159sqm holding make it an especially compelling opportunity.

Property Highlights

Massive 1,159sqm landholding

R40 zoning

Potential two or three-lot subdivision

Retain-and-build possibilities

Solid double-storey brick-and-tile residence

Eight generous bedrooms

Four full bathrooms

Separate powder room providing a fifth WC

Extensively renovated throughout

Beautiful contemporary colour palette

Quality flooring, hardware and finishes

Enclosed upstairs balcony for greater comfort and noise protection

Separate self-contained granny flat

Brand-new kitchen cabinetry and full bathroom in the granny flat

New boundary fencing

Automated entry gate

Dividing fence between the proposed lots

Close to Karrinyup Shopping Centre, Westfield Innaloo, schools, parks, public transport, the coast and Perth CBD

Move into the main home, generate potential income from the granny flat, create another lot and prosper-or unlock the full development potential of this remarkable site.

Properties offering this combination of size, renovation, accommodation and development flexibility are exceptionally difficult to find.

Building Year: 1963, Renovated: 2026, Building size: 348 sqm

All subdivision, development, rental and retain-and-build options are subject to relevant authority approvals, site investigations and buyer due diligence. The granny-flat conversion requires retrospective council approval. Balcony enclosed, automated gate may require retrospective council approval.

Disclaimer:

Although diligence has been taken, this information is provided for introduction purposes only and is based on

information provided by the seller, and it may be subject to change. No warranty or

representation is made as to its accuracy and interested parties should inspect the property and do their own due diligence to verify the information.