Sold
23A & 23B Galena Way, Ferndale WA 6148
Sold price: $726,000
Sold: 21 Apr 2021
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 1,248m2
Duplex
View
Twin Duplex sitting next to each other titled separately
That's right you read it right - two homes on two titles will make the block size combined a whooping R20 zoned 1248sqm block. Each duplex is on a separate title and could be sold individually or as a pair. The choices are yours, live in one and lease out the other. Sounds like a good option or perhaps you have an extended family and could use the extra space or demolish and subdivide further subject to WAPC and City of Canning future schemes approvals – the options are endless!
To emphasize, you can:
1) Add some personal touches to the properties, you occupy one and have your children/parents/ best mates live next door
2) Subdivide the large block such as to comply with the relevant zoning requirements, and develop and/or sell each individual block
3) Rent out each property. This amazing investment opportunity will sit nicely in your portfolio with a yield of approximately 4-4.3% . Currently they are rented for $290 (periodic lease) & $300/w (fixed lease to August 21st 2021) respectively or $590/week combined
Why you should buy this property?
a) Sits on a generous 1248sqm block, which is a rare find in this highly sought-after suburb
b) Situated only 13KM approximately from the CBD
c) Nestled in a quiet street on the border of Riverton
d) Close proximity to well reputed primary (Bannister PS) and high schools (Lynwood HS)
e) Easy access to public transport and is walking distance to a nature reserve
f) Well situated next to many amenities (Riverton Leisureplex, Riverton Forum Shopping Centre, Carousel Shopping Centre …etc to name a few)
g) Close to Curtin & Murdoch University
h) Easy Access to major arterial roads (High Road, Leach Hwy, Nicholson Rd, Roe Hwy & Kwinana Freeway)
Features of each duplex:
- solid double brick and tile construction, built in 1974
- 3 bedrooms & 1 bathrooms
- Living area
- Flooring a mixture of vinyl & carpet
- Single carport, but room for multiple cars
- Wall air-conditioning in one, split system in the other
- Fully insulated
- NBN and sewer are connected
- Approximately 73sqm of floor area in each half
- Large backyard but easily maintained
- Total council rates approx $2870, and water rates approx. $1820 for both.
- NO STRATA FEE
This twin duplex being in the highly sought-after suburb of Ferndale, it represents great value for the savvy investors/Developers or the astute buyers.
NB: As both properties are currently tenanted, viewing is strictly by appointment with prior arrangements.
Should you have any questions, for further information or to arrange a viewing, please feel free to call George Hanna on 0413 484 667 or email: [email protected]
Property features
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Air conditioned
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Shed
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Carports
1
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Toilets
1
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Insulation
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Patio
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Sewer connected
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Laundry
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RCDs/smoke alarms
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Alarm
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Entrance hall
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Family
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Kitchen/dining
Property snapshot by reiwa.com
This property at 23A & 23B Galena Way, Ferndale is a three bedroom, one bathroom duplex sold by George Hanna at G Hanna Real Estate on 21 Apr 2021.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Ferndale or see other recently sold properties in Ferndale.
Cost breakdown
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Council rates: $2,870 / year
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Water rates: $1,820 / year
Nearby schools
Ferndale overview
Are you interested in buying, renting or investing in Ferndale? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Ferndale offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.
Ferndale quick stats
High end
$790k
Median
$689k
Low end
$560k
29.1 %
Annual growth
$689k
Annual median sales price
$700pw
Annual median rental price
