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16 Lovegrove Way, Morley WA 6062

Contact agent Sold: 22 Aug 2022
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 2 Cars
  • Landsize 791m2
House

CALLING ALL ASTUTE INVESTORS AND DEVELOPERS

FIXED DATE SALE - OFFER OFFERS PRESENT ON MONDAY 5th SEPTEMBER UNLESS SOLD PRIOR

Sitting on a large 791sqm parcel of land is one of Morley's best kept secrets is 16 Lovegrove Way Morley.

Zoned R40 with rear access this will tick all the boxes. This property has been owned and cared for by the same family for over 50 years.

The solid brick and tile home has timber floors throughout, 3 good sized bedrooms and well presented.

You can rent out and yield an income whilst you are deciding what you would like to do with the future development potential.

There are several options for you to consider with this property:
1.TRIPLEX potential (STCA) with R40 zoning. Demolish the home and potentially build three new homes or even potentially apartments
2. Retain the existing home and potentially build at the rear or sell the rear block of land. By removing the garage on the side
3. Demolish and build a large brand-new family home close to schools and other great amenities and live in this beautiful street
4. Demolish the home and build two beautiful large homes
5. Do nothing and rent the home while you land bank your future

Walking distance to Coventry Square, Galleria Shopping Centre and schools are close with a choice of Infant Jesus Primary, Morley Primary School, West Morley Primary . John Forrest Secondary College is close by and only a 5 minute drive to Chisholm Catholic College. 8. 8kms to the CBD, 15 minutes to the Perth Airport and only 3 minutes to the new Morley Train Station You better be quick to take advantage of this outstanding opportunity. With development sites in high demand, blink and this will be gone!

Call Paul Ross now for a price guide and inspection of this rare opportunity.

Property features

  • Garages 2

Property snapshot by reiwa.com

This property at 16 Lovegrove Way, Morley is a three bedroom, one bathroom house sold by Paul Ross at Ross Realty WA on 22 Aug 2022.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Morley or see other recently sold properties in Morley.

Nearby schools

0.4km
Infant Jesus School
  • Primary
  • Non-government
0.6km
Morley Primary School
  • Primary
  • Government
0.8km
Disclaimer

Morley overview

Are you interested in buying, renting or investing in Morley? Here at REIWA, we recognise that choosing the right suburb is not an easy choice. To provide an understanding of the kind of lifestyle Morley offers, we've collated all the relevant market data, key facts, demographics, statistics and local agent information to help you make a confident and informed decision.

Morley quick stats

High end $760k
Median $675k
Low end $600k
20.1 %
Annual growth
$675k
Annual median sales price
$670pw
Annual median rental price

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FAQ's

The median house price in Morley is $675,000, the median unit price is $445,000.

16 Lovegrove Way, Morley sold on 22/8/2022, however the final sale price was not disclosed.
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