**UNDER CONTRACT**A superb property with an incomparable river panorama! At last, after 60 years, this unique landmark residence is presented to the market. Having been a happy family home for many years, this beloved 4 bed, 2 bath single storey residence home occupies an eyrie perch above the river with views forever! This is a rare opportunity to fulfil the potential of this undeniably spectacular site.Situated on one of the finest stretches of absolute riverfront land in Perth, the elevated location allows unmatched views across the water to the city and the hills. The huge 2006sqm property runs right down to the water’s edge, and holds the sole position next to The Esplanade’s riverfront park on the southern boundary. Due to the road bend, the property offers exclusive dual street frontage, with the western and southern boundaries both on the road reserve. A path leads down to the water’s edge, where boats are moored and a timber jetty offers a quiet fishing spot. Huge trees frame the views and the leafy treetops offer another dimension to the vista.The existing home is ripe for modernization, and an R30 zoning allows for multiple dwellings. According to the R codes up to 4 new dwellings would be permitted, with a maximum yield of 8 dwellings. An outstanding location close to premier schools, shopping quarters, cafes and yacht clubs. Just 3km to the beach, 10km to the CBD. Pop to Cottesloe Central shopping centre, library, and specialty shops, or head to Claremont Quarter for the latest fashions.An incredible opportunity to develop a highly sought-after address. Nothing compares! Existing Home:Spectacular river views and terraced gardensFormal lounge & diningAlfresco terraceKitchen and casual meals with timber floors4 bedrooms, WIR/BIR2 bathroomsSunroom, studySeparate studio, laundry2 single garagesPicture windowsHigh ceilings??