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21 and 23 Halley Street, Innaloo WA 6018

Sold price: $1,200,000 Sold: 31 Jan 2022
Sold
  • 6 Bedrooms
  • 2 Bathrooms
  • 8 Cars
  • Landsize 911m2
House
21 and 23 Halley Street, Innaloo WA 6018

GREAT DEVELOPMENT SITE!

Superbly located in one of Innaloo’s most sought after street, this massive development property will appeal to many buyers with 911sqm of land!

Only a short drive away to Scarborough Beach and within close proximity to Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!

In a R40 zoned with street frontage of 20.1m, this property shows potential opportunities to develop up to four homes. The block is slightly elevated at the rear with possible views of Lake Gwelup!
OPTION 1 - Subdivide into 4 lots. Sell individual lots as house and land packages.
OPTION 2 - Develop into 4 single or double storey 4 bed 2 bath double garage homes. Sell end product to high demand market.
OPTION 3 - Keep the current tenants in the property and collect $775p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 4 - Move into one house whilst renting out next door. Use the $420p/w collected to help service the debt and develop in 5-10 years when the market peaks again.

The property already contains two renovated duplex homes with the ability to return a combined rent of $775p/w.

FEATURES OF EXISTING HOMES:
- 2 Large open plan living areas
- 2 Inner courtyards
- 2 x 3 Double bedrooms
- Built in wardrobes
- Garages with direct access into the property
- Ducted A/C
- Renovated kitchen
- Renovated bathroom
- Fire place
- Landscaped gardens with reticulated trickle system
- Hard wired smoke alarms
- RCDs
- Alfresco

Be Quick! Opportunities like this don’t come around often!

Call Jorden Peirce on 0416 300 431 and register your interest today!

Property features

  • Carports 8

Property snapshot by reiwa.com

This property at 21 and 23 Halley Street, Innaloo is a six bedroom, two bathroom house sold by Jorden Peirce at Capital Property Marketing WA on 31 Jan 2022.

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

Nearby schools

0.8km
Newborough Primary School
  • Primary
  • Government
0.9km
Yuluma Primary School
  • Primary
  • Government
1.2km
St Dominic's School
  • Primary
  • Non-government
Disclaimer

Innaloo overview

Innaloo is a mixed-use suburb 10 kilometres from Perth City. It is bound by Karrinyup Road to the north, Mitchell Freeway to the east, Scarborough Beach Road to the south and Huntriss Road to the west. Extensive development of Innaloo began in the 1940s, with many of the homes that stand today renovated or restored versions of the original heritage buildings.

Life in Innaloo

With the beach close by as well as major shopping and retail facilities, Innaloo provides an enviable mix of urban and suburban benefits. Westfield Innaloo Shopping Centre is a central fixture of the suburb and is a major retail and commercial centre within the Perth metropolitan area. Parks and walkways feature throughout as well as recreational facilities, primary schools and other smaller shopping facilities.

Innaloo quick stats

High end $881k
Median $785k
Low end $701k
18.9 %
Annual growth
$785k
Annual median sales price
$722pw
Annual median rental price

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FAQ's

21 and 23 Halley Street, Innaloo is a 6 bedroom, 2 bathroom house.

The median house price in Innaloo is $785,000, the median unit price is $532,500.
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