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Opportunity knocks...
Here in this DECEASED ESTATE, coming to the market for the first time in more than 50 YEARS.
Auction onsite Saturday 30th November - 12:30pm sharp
Deposit: 5% of the purchase price
Settlement: 60 days
Don't be fooled by the unassuming facade of this inner-city gem!
The interior of this large home retains many of its original character features including timber floors, four-paneled doors with push plates, decorative plasterwork and an impressive fireplace in the formal lounge.
BUT THERE ARE OPTIONS!!
The existing home sits on an excellent block of 617 sqm with right of way access and R50 zoning.
• Option 1..Restore and extend a solid structure to create a family home in the heart of the city
• Option 2..Retain and restore the original structure and subdivide the block
• Option 3..Demolish the existing home to maximise subdivision potential
This a VERY RARE OPPORTUNITY to purchase a piece of land of this size in such an excellent location, especially with the multiple options it presents so don't delay!!
Council Rates: $1,798 p/a
Water Rates: $1,314 p/a
*Any reference to rates/levies and land/area sizes are approximate figures
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 231 Lake Street, Perth is a four bedroom, one bathroom house sold by Craig & Penny Brosnan at Halyn Property on 04 Dec 2019.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Perth or see other recently sold properties in Perth.
Cost breakdown
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Council rates: $1,797 / year
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Water rates: $1,314 / year
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
$1.3m
Median
$1.1m
Low end
$943k
28.4 %
Annual growth
$1.1m
Annual median sales price
$750pw
Annual median rental price
