Sold
12 Hampton Street, Burswood WA 6100
Sold price: $3,600,000
Sold: 16 Nov 2021
Sold
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20 Bedrooms
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20 Bathrooms
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Landsize 2,023m2
Unit
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Fully Leased Apartment Block
LJ Hooker Commercial Perth and Knight Frank as joint-exclusive selling agents are pleased to present 12 Hampton Street, Burswood for sale by offers invited, closing Thursday 4th November 2021 at 2pm AWST (unless sold prior).
The property comprises an older style apartment complex of 20 well maintained and fully leased apartments, which sit on an elevated 2,023sqm* site allowing for CBD and river views.
Situated a short 4km from the Perth CBD, the property is superbly located in the suburban heart of Burswood, benefitting from proximity to key amenity and infrastructure such as local schools, public transport, Crown Casino & the world-class Optus Stadium.
Zoned Residential R60 under the Town of Victoria Park Town Planning Scheme, the property has future redevelopment potential up to 6-storeys (STCA).
With Perth’s rental market currently experiencing near 40-year low vacancy rates, 12 Hampton Street presents an opportunity to purchase a secure income stream with future redevelopment upside.
For further information or to arrange an inspection, please contact the joint-exclusive selling agents LJ Hooker Commercial Perth and Knight Frank.
* approximate
STCA - Subject to Council Approval
Property snapshot by reiwa.com
This property at 12 Hampton Street, Burswood is a twenty bedroom, twenty bathroom unit sold by Jake Wallman and Vincent Siciliano at Sterling Property on 16 Nov 2021.
Looking to buy a similar property in the area? View other twenty bedroom properties for sale in Burswood or see other recently sold properties in Burswood.
Nearby schools
Burswood overview
Burswood is a lively inner-city suburb of Perth known for its entertainment and recreational facilities. It spans three square kilometres in size.
Life in Burswood
Pulsating and energetic, one of the most notable feature of Burswood is Crown Perth. With an array restaurants, bars, hotels, convention centre and of course a casino, Crown Perth is a much-loved fixture of Burswood for both locals and visitors.
In 2018 Optus Stadium was officially opened which is the other notable feature. With views of the picturesque Swan River and Perth city in the west and the foothills in the east, this 60,000 seat, world-class, multi-purpose stadium hosts a variety of sports and entertainment events, including Australian Football League, International and Big Bash League cricket, soccer, rugby league and union, plus concerts.
Other features include the Belmont Park Racecourse, Burswood Park Golf Course, Burswood Outdoor Cinema, Burswood Water Sports Centre and the State Tennis Centre. Perth Montessori School is the suburbs local school.
Burswood quick stats
High end
$1.2m
Median
$830k
Low end
$719k
-21.7 %
Annual growth
$830k
Annual median sales price
$800pw
Annual median rental price
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