Sold
16 Mungan Street, Esperance WA 6450
Sold price: $294,000
Sold: 26 Dec 2023
Sold
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1 Bedroom
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1 Bathroom
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1 Car
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Landsize 1,012m2
House
View
Just So Central
This cute character cottage enjoys a close proximity to town and school and has the potential for re-development opportunities. The existing residence, although vintage, enjoys a caring tenant paying a rental income of $10,400 pa gross. Characteristics of the home include;
• 1 bedroom, 1 bathroom
• Large Kitchen/Dining
• Cosy Lounge
• Outdoor entertaining area
The property sits on an elevated, 1012sqm site with a rear 6m x 10m workshop/garage. Zoned R30 and subject to council approval, the site is suitable for multi unit development.
Property features
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Garages
1
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Toilets
1
Property snapshot by reiwa.com
This property at 16 Mungan Street, Esperance is a one bedroom, one bathroom house sold by Laurie Fyfe at Esperance Real Estate on 26 Dec 2023.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Esperance or see other recently sold properties in Esperance.
Cost breakdown
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Council rates: $2,011 / year
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Water rates: $980 / year
Nearby schools
Esperance overview
The townsite of Esperance, located on the central south coast of the state, derives its name from the bay on which it is located. Esperance Bay was given this name by Admiral Bruny D'Entrecasteaux, commander of the French expedition which explored this coast in 1792. The name honours the ship "L'Esperance" commanded by Captain Huon de Kermadec, which anchored here on 9 December 1792. The bay provided safe anchorage while repairs were made to the "L'Esperance". The name of the other ship in D'Entrecasteaux's expedition, "L'Recherche", is preserved by the naming of the adjacent islands as the Archipelago of the Recherche.
The area of the Esperance townsite was first settled by the Dempster family in the 1870's, and in 1876 a telegraph station was opened here. The formal gazettal of the townsite did not occur until 1893.
Esperance quick stats
High end
$600k
Median
$470k
Low end
$368k
This listing
14.6 %
Annual growth
$470k
Annual median sales price
$280pw
Annual median rental price
