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Invest, renovate or develop
MULTIPLE OFFERS RECEIVED, SOLD BY KONG WAI! MORE PROPERTIES WANTED FOR BUYERS THAT MISSED OUT!!
Kong Wai Wong with Mark Hay Realty Group have the pleasure in presenting for sale this entry level city fringe development potential property situated in East Perth.
This south facing 3 bedroom 1 bathroom Circa 1973 cottage on 385m2 of green title land includes a private rear courtyard space with lots of grassed area provides and provides an astute investor the opportunity to create a customised development at such a convenient location. Zoned Residential R60 under City of Vincent’s Mt Lawley – Highgate Precinct with a building height of 3 stories, the property is certainly prime for redevelopment into either multiple apartments or two side by side street front housing.
Conveniently located just opposite East Perth Train Station, 1.2km to Claisebrook Cove / Perth City Farm, 1.3km to HBF Park, 1.5km to Optus Stadium / The Camfield / Matagarup Bridge, 1.6km to Beaufort Street Mt Lawley, 2.1km away from Perth City, 2.6km to Northbridge and 3.1km from Crown Entertainment Complex, it is well situated to satisfy one’s transportation, work, shopping, culinary, entertainment, sports and leisure lifestyles!
Apart from a development opportunity, this property is also ideal for buyers wanting a city location and looking for their 1st home, or investors who are seeking a profitable renovation project as a long term investment with a valuable land holding so close to the city. Contact exclusive selling agent Kong Wai 0477 333 450 to secure this entry level city fringe home with development upside.
Council Rates: $1,422.31 approx
Water Rates: $869.24 approx
Property features
Property snapshot by reiwa.com
This property at 12 Bramall Street, East Perth is a three bedroom, one bathroom house sold by Kong Wai Wong and Daniel Porcaro at Mark Hay Realty Group on 13 Oct 2021.
Looking to buy a similar property in the area? View other three bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Cost breakdown
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Council rates: $1,422 / year
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Water rates: $869 / year
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$2.2m
Median
$1.6m
Low end
$1.2m
11.1 %
Annual growth
$1.6m
Annual median sales price
$600pw
Annual median rental price
