Sold
115 Manning Road, Bentley WA 6102
Sold price: $577,500
Sold: 22 Jul 2021
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 837m2
House
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Superb Development & Investment Opportunity
Proudly Presented by Fulton Borthwick
Fantastic opportunity for an astute investor / developer to secure this solid 1960's brick and tile 837m2 zoned R80 site that is primed for development of apartments of up to 4 storey's - STCA
Demand for homes on Manning Road of this size and zoning recently has been high with homes being snapped up in the blink of an eye. To avoid a stampede, best you be first in line!
Property is in a rentable state and currently leased at $220 per week on a fixed-term lease until 20 Jan 2022 giving you plenty of time to get your plans in order whilst generating some income.
Features of 115 Manning Road:
* Brick and tile home built circa 1960
* Block Size: 837m2 approx.
* Frontage: 18.5m2 approx.
*Depth: 45.2m2 approx.
* Rectangular in shape
* 3 bedrooms 1 bathroom
* Large lounge with wall mounted split system air conditioner
* Kitchen / meals
* Garage
*Jarrah Flooring
*There is a second bathroom - BUT it is in a disused state and requires work
* Being sold on an "As Is" basis.
The location:
Close to Wyong Oval, Bentley Primary School, & within walking distance to Curtin University, as well as the surrounding facilities. As well as Bentley & Carousel Shopping Centres, and with easy access to key arterial roads, this one ticks the boxes when it comes to LOCATION LOCATION LOCATION.
Your Options:
* Buy now, continue to rent out and develop later
* Landbank for the future
* Generate immediate income whilst getting plans ready for your development (STCA)
* Move in when the lease expires, renovate and live in the property knowing you are sitting on a piece of rare earth!
Next Step
Please contact Fulton Borthwick on 0481 19 44 39 to express your interest and for inspection arrangements
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property snapshot by reiwa.com
This property at 115 Manning Road, Bentley is a three bedroom, one bathroom house sold by Fulton Borthwick at LJ Hooker Victoria Park- Belmont (WA) on 22 Jul 2021.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Bentley or see other recently sold properties in Bentley.
Nearby schools
Bentley overview
Bentley is a southern suburb of Perth eight kilometres southeast of the Perth CBD. Its local government areas are the City of Canning and the Town of Victoria Park. Bentley is bounded by Kent street to the west, Manning road, Burton/Mills streets to the south and the Armadale railway line to the northeast. The section east of Albany Highway is largely commercial and industrial, while the area to the west is dominated by environmental and cow grazing facilities. The rest is entirely residential.
Life in Bentley
Bentley is an established suburb with schools, restaurants, a shopping centre and a large retirement housing complex. Bentley is also the home of Curtin University.
Bentley quick stats
High end
$668k
Median
$599k
Low end
$530k
17.4 %
Annual growth
$599k
Annual median sales price
$650pw
Annual median rental price
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