Sold
17 Crofton Place, Lynwood WA 6147
Sold price: $880,000
Sold: 14 Apr 2023
Sold
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4 Bedrooms
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3 Bathrooms
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2 Cars
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Landsize 1,889m2
House
View
RARE, MASSIVE 1889 SQM BLOCK ZONED R20 WITH POTENTIAL FOR 4 TITLE SUBDIVISION!!
** UNDER OFFER BY TEAM SUTRISNO **
Properties/blocks this size rarely appear. Situated amongst established homes in a quiet neighbourhood. Elevated and enjoying park frontage. Walking distance to shops, Bannister Creek Primary School and Lynwood Senior High, currently undergoing a multi-million dollar building program, underpinning Lynwood's future value.
As a bonus, the house has good bones and is still liveable with a main section featuring 3 bedrooms and 2 bathrooms plus a self-contained annexe with private entry. Annexe features a bedroom with attached bath, and a living/kitchenette area. Both sections of the house are currently on separate periodic leases drawing $850 combined weekly rent.
The owners have WAPC approval to sub-divide a section of the land into a street front, potential green title block for a separate dwelling. Buyer has the option to proceed if keen and plans can be made available if required.
Opportunity for an astute investor, developer or home buyer to retain the existing dwelling currently generating attractive rental returns, or reside in one or both sections, or live in the main section and rent out the annexe to offset your mortgage while you map out your future vision. Endless possibilities.
Contact Vicktor Sutrisno of Team Sutrisno to make your enquiries.
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 17 Crofton Place, Lynwood is a four bedroom, three bathroom house sold by Vicktor Sutrisno at LIFT Property Group on 14 Apr 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Lynwood or see other recently sold properties in Lynwood.
Nearby schools
Lynwood overview
In November 1964, the Shire of Canning proposed that this area be named "Willetton" after Henry Willett of Willett and Co." Early landholders in the area. In August 1965 the Shire advised that the Realty Development Corporation Ltd had requested the name "Clovercrest Estate" but that neither party would object to the use of the name Lynwood instead of "Willetton". This amendment was approved in 1965 and the name "Willetton" was used for an adjoining locality.
Life in Lynwood
Lynwood contains a vibrant neighbourhood shopping centre complete with supermarket, post office, estate agency, and a number of food outlets as well as community hall, primary school which also services the adjoining suburb of Ferndale and a secondary school - Lynwood Senior High School.
Lynwood quick stats
High end
$690k
Median
$601k
Low end
$520k
24.7 %
Annual growth
$601k
Annual median sales price
$700pw
Annual median rental price
