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Prime Opportunity on one of Wembley's Most Sought-After Streets
SOLD AT AUCTION - Multiple Bidders - More Properties Needed
AUCTION SATURDAY 12TH OCTOBER 11AM ON SITE
DEPOSIT: $100,000
SETTLEMENT: 30/45/60 Days
Welcome to 183 Gregory Street, Wembley, a rare chance to secure a 670sqm block in one of the suburb's most desirable locations. This solid 3-bedroom, 1-bathroom home offers the perfect foundation for renovation, extension, or redevelopment.
Whether you're looking for a home to live in while finalising your dream home plans or an investment property to rent out, this opportunity allows you to capitalise on the prime location and potential.
Key Features:
Solid Foundation: The existing home provides a comfortable base for those looking to renovate or extend. With 158sqm of internal space, the layout includes a spacious living and dining area that flows to an open-air terrace, perfect for immediate living or generating rental income.
Dual Access & Design Potential: A standout feature of the property is the rear right of way (ROW) access, offering a significant advantage for future home designs, allowing for dual access and additional garage space or a potential studio.
Expansive Block: The large backyard offers ample space for a pool, outdoor entertaining, or future landscaping, making it an ideal setting for family life. With the opportunity to design a spacious home, this block offers incredible flexibility for future developments.
Prime Location Across from Lake Monger Reserve: Enjoy direct access to Lake Monger Reserve and its abundant walking trails, playing fields, and open spaces, perfect for outdoor activities, fitness, or family outings. The location also boasts picturesque views of Perth City across the lake.
Location Highlights:
Top Schools: Within easy reach of well-regarded schools, including Wembley Primary and Churchlands Senior High School.
Convenience & Lifestyle: Close to the vibrant Cambridge Street precinct and only a short drive to Subiaco and Perth's best beaches, including City Beach and Floreat Beach.
This property represents a rare opportunity to secure a substantial piece of land in a highly sought-after street in Wembley. Whether you choose to move in now, rent it out, or start designing your dream home, the possibilities are endless.
Contact us today to arrange a viewing and secure your future on Gregory Street!
Property features
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Garages
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Property snapshot by reiwa.com
This property at 183 Gregory Street, Wembley is a three bedroom, one bathroom house sold by Andrew Gill at Acton | Belle Property Cottesloe on 12 Oct 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Wembley or see other recently sold properties in Wembley.
Cost breakdown
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Council rates: $2,096 / year
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Water rates: $1,596 / year
Nearby schools
Wembley overview
Wembley is a large western-suburb of Perth. Established in 1831, Wembley's key population growth occurred between 1910 and 1930, and again in the post-war years. More recently, Wembley has experienced gradual increases since the mid-1990s as new homes have been added to the suburb.
Life in Wembley
Numerous recreational facilities and clubs add great lifestyle appeal to the suburb, with squash, t-ball, tennis, netball, football, athletics, baseball, lacrosse and hockey all catered for. Lake Monger is a much loved feature, providing lovely walk ways and beautiful scenery to those who visit, while The Wembley Hotel is a popular pub that never fails to draw a crowd. Cambridge Street is the suburbs most urban fixture, with numerous pubs and restaurants lining the street. There are three local schools in Wembley.
Wembley quick stats
High end
$2.1m
Median
$1.7m
Low end
$1.3m
15.9 %
Annual growth
$1.7m
Annual median sales price
$850pw
Annual median rental price
