Sold
1 Coleman Street, Esperance WA 6450
Sold price: $180,000
Sold: 31 Jul 2023
Sold
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Landsize 891m2
Land
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Location, Location, Location!
This town central vacant lot offers an exciting development opportunity for the astute investor. Being 891sqm in size, the site is zoned R-30 allowing for a two unit development or single dwelling construction. The close proximity to CBD and school will prove to be a valuable asset as undeveloped lots like these, are rare to find in this location.
Property features
Listing snapshot by reiwa.com
This land listing located in Esperance was sold by Chris Pope at Esperance Real Estate.
If you would like to get in touch with Chris Pope regarding 1 Coleman Street, Esperance, please call 0439 772 747 or contact the agent via email.
Cost breakdown
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Council rates: $1,534 / year
Nearby schools
Esperance overview
The townsite of Esperance, located on the central south coast of the state, derives its name from the bay on which it is located. Esperance Bay was given this name by Admiral Bruny D'Entrecasteaux, commander of the French expedition which explored this coast in 1792. The name honours the ship "L'Esperance" commanded by Captain Huon de Kermadec, which anchored here on 9 December 1792. The bay provided safe anchorage while repairs were made to the "L'Esperance". The name of the other ship in D'Entrecasteaux's expedition, "L'Recherche", is preserved by the naming of the adjacent islands as the Archipelago of the Recherche.
The area of the Esperance townsite was first settled by the Dempster family in the 1870's, and in 1876 a telegraph station was opened here. The formal gazettal of the townsite did not occur until 1893.
Esperance quick stats
High end
$600k
Median
$470k
Low end
$368k
This listing
14.6 %
Annual growth
$470k
Annual median sales price
$280pw
Annual median rental price
