Sold
124 Broome Street, Cottesloe WA 6011
Sold price: $5,000,005
Sold: 04 Nov 2021
Sold
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6 Bedrooms
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4 Bathrooms
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4 Cars
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Landsize 812m2
House
View
Prime Estate Sale
* Fabulous residential opportunities..
* Existing Art Deco 4 apartment building circa 1930's
* Landbank and holding income
* Stunning home site or redevelop like for like
* The location speaks for itself! Ocean views.
* Does it get any better?
This is a unique opportunity to acquire this amazing investment. First offering since 1966!
Purpose built block of 4 apartments comprising two 2 bedroom and two 1 bedroom units currently leased at $90,220pa
Jarrah flooring, high ornate ceilings, access front and rear, private terraces
812sqm block with gazetted lane to northern boundary. Redevelopment options under TPS 3
Council rates: $4,633 p/a approx.
Water rates: $3,672 p/a approx.
Property features
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Garages
4
Property snapshot by reiwa.com
This property at 124 Broome Street, Cottesloe is a six bedroom, four bathroom house sold by James Paxton at Abode Real Estate on 04 Nov 2021.
Looking to buy a similar property in the area? View other six bedroom properties for sale in Cottesloe or see other recently sold properties in Cottesloe.
Cost breakdown
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Council rates: $4,633 / year
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Water rates: $3,672 / year
Nearby schools
Cottesloe overview
Cottesloe is a suburb revered for its relaxed beach-side lifestyle. Close to the city, yet still far enough away to not be exposed to its hyper-urban nature, Cottesloe is an ideal location for those who want the best of both worlds. Its land area spans four square kilometres and is characterised by a blend of historical and modern residences.
Life in Cottesloe
With the beach at your door step and the city centres of Perth and Fremantle a short drive away, Cottesloe's enviable lifestyle is what makes it such a desirable location. The world-renowned Cottesloe Beach stretches for 1.5 kilometres and draws a crowd from all over the state, country and world. Also in the suburb is The Cottesloe Beach Hotel, which has been a landmark destination of Cottesloe for more than a hundred years. Cottesloe Railway Station, Cottesloe Shopping Centre and Grove Plaza are other notable fixtures of the area, as are the two local primary schools and local high school.
Cottesloe quick stats
High end
$4.3m
Median
$3.5m
Low end
$2.8m
9.4 %
Annual growth
$3.5m
Annual median sales price
$1,400pw
Annual median rental price
