Sold
248 Cape Street, Tuart Hill WA 6060
Sold price: $810,000
Sold: 07 Feb 2021
Sold
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4 Bedrooms
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1 Bathroom
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1 Car
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Landsize 911m2
House
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Calling All Developers and Astute Investors
This is an investment opportunity not to be missed with loads of potential for the right buyer.
R40 zoning on 911m2 with options galore! This neat and tidy 4 Bedroom, 1 Bathroom home is situated in a prime location. Whether you're looking to retain the current home and build at the rear or demolish and develop this property ticks all the boxes!
While you go through the development and planning process you can continue to rent the home which is currently leased for $385 per week on a periodical lease. These extra large blocks with high zoning are getting harder to find so don't hesitate to invest in your future now.
Some potential options for this property:
1. Potentially retain the existing home and subdivide the rear block
2. Demolish the existing home and potentially build four new homes or have four blocks of land to sell
3. Demolish the home and have two potential Street Front blocks with an approximate frontage of 10 meters and approx. 455m2 each
4. Continue to rent it out and landbank your future
Situated in a great location close to a number of amenities
- Choice of schools including Tuart Hill primary school across the road and Servite College just down the road
- Short drive to Grenville Reserve
- With local shops not far away
- Walking distance to Bus Routes
- Easy access to Wanneroo Rd and Mitchell Freeway
- Perth CBD on a short 10 minute drive away
Call Paul Ross on 0428571050 for more information
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 248 Cape Street, Tuart Hill is a four bedroom, one bathroom house sold by Paul Ross at Ross Realty WA on 07 Feb 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Tuart Hill or see other recently sold properties in Tuart Hill.
Nearby schools
Tuart Hill overview
Are you interested in buying, renting or investing in Tuart Hill? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Tuart Hill 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.
Tuart Hill quick stats
High end
$870k
Median
$735k
Low end
$629k
19.1 %
Annual growth
$735k
Annual median sales price
$650pw
Annual median rental price
