Sold
22 Seaview Terrace, Kalamunda WA 6076
Sold price: $605,000
Sold: 04 Feb 2020
Sold
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5 Bedrooms
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1 Bathroom
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3 Cars
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Landsize 1,692m2
House
View
UNDER OFFER
SUBDIVISION SALIVATION! (Super Rare - 3 potential street frontage blocks)
It's not every day you see an opportunity like this! Whether you're a Mum and Dad investor or a seasoned developer the multitude of potential options here will have you salivating and getting cracking on some quick smart due diligence to figure out your best plan of attack!
So what we have here is not the norm especially in Kalamunda:
1. Rare sprawling 1692m2 corner block
2. Prime blue ribbon area surrounded by majestic residences
3. Zoned R10/R20 (min 350m2 block size Avg 450m2)
4. Bonus old large 5 bedroom homestead with 2 workshops (one new)
5. Connected to deep sewerage already on Traylen road with extra potential sewerage point on Seaview Terrace
6.Bore
Mains gas Connected
And NOW the POTENTIAL OPTIONS well how about these possibilities (subject to relevant authority of course)
1. Demolish the current home and Subdivide into larger than normal 3 street frontage blocks of approximately 550m2 each
2. Demolish the current home and subdivide into two near quarter acre blocks (800m2plus each)
3. Land bank the property if you are not ready to subdivide and rent out the home until you are.
4. Live in the home whilst you are getting prepared to subdivide
5. Rent out the home whilst your preparing for subdivision
6. Live in the home and renovate and keep the home as a longer term investment or exciting superannuation opportunity.
Which ever way you look at it you cant this property oozes excitement especially in this location.
Contact Ben Ciocca and David Farrant to organise your prompt inspection.
Property features
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Garages
3
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Toilets
2
Property snapshot by reiwa.com
This property at 22 Seaview Terrace, Kalamunda is a five bedroom, one bathroom house sold by Ben Ciocca and David Farrant at Provincial Real Estate on 04 Feb 2020.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Kalamunda or see other recently sold properties in Kalamunda.
Nearby schools
Kalamunda overview
Named from an Aboriginal word meaning 'home in the forest', Kalamunda is a residential and parkland suburb with minor commercial sectors. Significant development of Kalamunda did not begin until the post-war years, with accelerated growth experienced through to the 1970s. The population has remained relatively stable since the mid 1990s.
Life in Kalamunda
Kalamunda provides residents with a lifestyle removed from over urbanisation with an array of parks and reserves dominating the suburb. A highlight is the Kalamunda Water Park, which is an enjoyable tourist attraction of the area. Kalamunda's town centre features a number of shopping centres as well as medical facilities like the Kalamunda Hospital Campus. The local schools in the suburb are Kalamunda Primary School, Kalamunda Senior High School and Kalamunda Christian School.
Kalamunda quick stats
High end
$990k
Median
$800k
Low end
$660k
11.5 %
Annual growth
$800k
Annual median sales price
$750pw
Annual median rental price
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