Sold
11 Gwelup Street, Karrinyup WA 6018
Sold price: $745,000
Sold: 19 Aug 2019
Sold
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3 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 766m2
House
View
Development Site
Now is the time to act before the Karrinyup shopping centre development and all the fantastic amenities are finished.
Set on a 766 square metre block and nestled between Karrinyup shopping centre and the stunning lake Gwelup, this property is perfect for a wide range of buyers from the established developer, to an astute purchaser looking to the future and building their dream home.
There are plenty of options moving forward with a site like this, land banking, creation of two lots. Sell one lot and build on the other, sell both or build on both and maximize the potential, the choices are all yours.
The 3-bedroom, 1-bathroom, 1950s brick veneer home, that currently sits on the site has potential to be renovated for rental while you decide what to do with this magnificent site.
With the $800m Karrinyup Shopping Centre development announcement to commence Monday 19th November 2018 and an estimated completion time of three years from now, this is the time to buy and reap the benefits.
LAND DETAILS
• 766sqm Green title
• Rectangular block ideal for side by side or battle axe development
• Zoned R30
• 18.1m Frontage
• Topography Flat
RATES
• Water $1,139 approx.
• Council $1,560 approx.
This property represents an opportunity not to be missed so contact James or Michaela to find out more.
Please contact Jay Sidhu (08) 6144 0000 from vision survey consulting for more information on the proposed subdivision.
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 11 Gwelup Street, Karrinyup is a three bedroom, one bathroom house sold by James Drummond and Michaela Pinkney at Peard Real Estate on 19 Aug 2019.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Karrinyup or see other recently sold properties in Karrinyup.
Nearby schools
Karrinyup overview
Karrinyup is a mixed-use residential and commercial suburb. The name Karrinyup was originally derived from the word Careniup, a Noongar name for a nearby swamp, which means "the place where bush kangaroos graze". Major development of Karrinyup began in 1957 and continued for a number of decades resulting in a variant range of dwelling and home styles reflective of the eras they were originally built in.
Life in Karrinyup
Karrinyup's commercial focus revolves around the Karrinyup Shopping Centre, which is home to a host of retail shops and amenities that service both locals and visitors alike. Parks and reserves are another notable feature within the suburb, which includes both public and private golf courses for locals to enjoy. There are also several schools, recreational facilities, a community centre and a library.
Karrinyup quick stats
High end
$1.6m
Median
$1.2m
Low end
$970k
12.0 %
Annual growth
$1.2m
Annual median sales price
$825pw
Annual median rental price
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