Sold
1 Heppingstone Street, South Perth WA 6151
Sold price: $4,000,000
Sold: 23 Dec 2019
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
Unit
View
UNDER OFFER! MORE PROPERTIES WANTED!
What an amazing opportunity to invest in a block of units in a premium riverside location!
Properties like these seldom come onto the market and is a rare opportunity for the astute investor/developer to capitalise in today’s market. This block of 18 units sits just metres from the Swan River!
Fully furnished 2 bedroom,1 bath apartments all currently being rented out. One owner owns 16 of the units and the remaining 2 owners are also willing to sell.
Purchase these, collect rent and land bank until the opportune time to develop!
Huge future development potential for the discerning buyer. All 18 units sit on a 1998 sqm block. A stone’s throw away from the Swan River with some units having city/river views.
- 16 x 2 Bedroom Furnished and Equipped Strata Titled Units in a block of 18
- 1998 sqm corner block
- Brilliant Location, close to Swan River Foreshore, Crown Resort & Optus Stadium
- Zoning R15/R40. Expected to increase in accordance with the State Government policy for land in this vicinity
- Units currently tenanted and can be sold as going concern with potential future development
This property would suit land bankers, investors and developers wanting to sit back collect rent with the plan to develop in the future.
Call now for full details.
Property features
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Carports
1
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Toilets
1
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RCDs/smoke alarms
Property snapshot by reiwa.com
This property at 1 Heppingstone Street, South Perth is a two bedroom, one bathroom unit sold by Shammi Jose and Sam Rettke at Near Me Real Estate on 23 Dec 2019.
Looking to buy a similar property in the area? View other two bedroom properties for sale in South Perth or see other recently sold properties in South Perth.
Nearby schools
South Perth overview
Envied for its beautiful riverside positioning, South Perth's affluent lifestyle provides breathtaking views from numerous vantage points within its five square kilometre land area. The established suburb has a commercial area within its boundaries, as well as significant parkland sections along the foreshore.
Life in South Perth
South Perth is rife with places to visit as well as restaurants, reserves and gardens, with perhaps its most notable feature being the Perth Zoo. Among its numerous dining establishments, Coco's on the foreshore is the most exclusive and takes full advantage of the gorgeous surrounding river views. The Windsor Hotel, Bar & Restaurant is a popular fixture of the suburb as is the Royal Perth Golf Club.
South Perth quick stats
High end
$2.6m
Median
$1.8m
Low end
$1.4m
-5.0 %
Annual growth
$1.8m
Annual median sales price
$800pw
Annual median rental price
