First time offered for sale in over 30 years, properties like this don't come along very often! Located at 62 Peninsula Road in Maylands, this prime real estate spans a generous 1,011 square meters. Currently leased until January 2025 at $300 per week, this property is zoned for various development possibilities, making it an attractive investment for developers. Its vibrant location in Maylands provides easy access to local amenities, parks, and transport links, enhancing its potential for future residential projects. Don't miss out on this exceptional opportunity! KEY FEATURES: Public school catchments- Mount Lawley High School and Maylands Primary School Private Schools- Chisolm College and Perth College Perth CBD - 4.5km Optus Stadium - 2km Perth Airport- 5.7km Maylands Golf Club-250m Shire Rates: $1,895.78 Water Rates: $1,008.19