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Renovated Gem with Endless Possibilities!
Discover a captivating blend of old-world charm and modern convenience in this beautifully renovated mixed-use property. Nestled in a thriving precinct, 186 Newcastle Street offers an unparalleled opportunity for owners, investors, and developers alike.
This stunning property boasts a recently transformed interior, featuring a sleek new kitchen, a luxurious bathroom, and a fresh coat of paint. The original character of the building has been lovingly preserved, with polished floorboards adding warmth and sophistication. The generous land area of 211 sqm and the well-maintained 115 sqm building provide a versatile canvas for your imagination.
Envision a stylish office space, a charming residential haven, a lucrative short-term accommodation venture, or even a future development project. The property's Mixed Use R80 zoning unlocks exciting possibilities, subject to council approval. With high ceilings and abundant natural light, this space is an inviting and inspiring environment.
Situated in a highly sought-after area, 186 Newcastle Street offers unparalleled convenience and accessibility. Enjoy the vibrant city lifestyle, nearby amenities, excellent transport links, and the upcoming revitalization of the area with the new ECU Campus, scheduled for completion in 2025.
For those seeking a development opportunity, the property is listed on the MRA Heritage Inventory register as 'Level 3 - Place of Lesser Significance', allowing for potential partial or full demolition, subject to relevant approvals.
Don't miss your chance to own this exceptional property with endless potential.
This property is set for auction unless sold prior.
Auction Details:
• Date: Saturday, 14th September 2024
• Location: on site
• Time: 11:00 AM (WST)
Contact Rash Dhanjal at 0410 564 761 to arrange an inspection.
All uses are subject to council approval and must comply with relevant regulations. Any changes to residential use require a change of use application via the council.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property snapshot by reiwa.com
This property at 186 Newcastle Street, Perth is a two bedroom, one bathroom house sold by Team Rash at The Agency on 15 Sep 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Perth or see other recently sold properties in Perth.
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.5m
Median
$1.3m
Low end
$1.1m
34.6 %
Annual growth
$1.3m
Annual median sales price
$750pw
Annual median rental price
