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SOLD BY SHAUN GROVES
Very hard to find! 910m2 block that is subdividable (subject to council approval) with the ability to put two homes on it. There is an existing retro 70's home with original features on the block that is generating $320 pw in rental. The lease is up in August 2022 but the tenant would like to stay on. There are so many options here:-
1) Subdivide and develop now
2) Landbank and build in a few years
3) Battle-axe option
4) Build your dream home on huge block
This is an outstanding opportunity for the future whether you build now or bide your time - but remember having this in your portfolio is better than seeing it in someone else's.
Features Include:-
- 20.8m of street frontage
- Existing 2 bedroom residence (rented out at $320pw)
- Existing lease in place till August 2022 (but the tenant wants to stay on)
- home features pot belly fireplace and air conditioning
Location:-
- 250m to Lake Richmond (Google Maps)
- 1km to the beach (Google Maps)
- 2.5km to Rockingham Centre (Google Maps)
- 2.6km to Point Peron (Google Maps)
Call Shaun Groves on 0414 461 976.
*The description provided is for general information purposes only. Professionals Rockingham believes that this information is correct, but it does not warrant or guarantee the accuracy of the information. Some photos may have been enhanced for your viewing pleasure. This property may differ from the photos upon inspection. Buyers are advised to undertake independent due diligence and make their own enquiries regarding the property, as no responsibility can be accepted by Professionals Rockingham for any information that may be deemed incorrect.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 16 Light Street, Shoalwater is a two bedroom, two bathroom house sold by Shaun Groves at Professionals Rockingham on 07 Aug 2022.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Shoalwater or see other recently sold properties in Shoalwater.
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Shoalwater overview
Are you interested in buying, renting or investing in Shoalwater? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Shoalwater offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
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Shoalwater quick stats
High end
$899k
Median
$699k
Low end
$580k
26.5 %
Annual growth
$699k
Annual median sales price
$555pw
Annual median rental price
