Sold
26 Lorraine Place, Hamilton Hill WA 6163
Sold price: $650,000
Sold: 09 Jul 2023
Sold
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3 Bedrooms
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1 Bathroom
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3 Cars
House
View
Opportunities await!
As a developer, you have an exciting opportunity with this 778.5sqm block in Hamilton Hill. The property offers numerous possibilities for development due to its coveted R40 zoning. You have the power to transform this canvas into a true masterpiece, whether through renovating and extending the existing 1963 three-bedroom home or taking a more audacious approach by demolishing and subdividing the land.
One enticing aspect of this property is its potential for three (3) Green titles, all with street frontage (subject to council approval). This means you have the possibility to create multiple separate lots, each with its own street access. This can significantly enhance the value and flexibility of the property.
The location of the block is also appealing. Situated at the junction of two sought-after cul-de-sacs, and opposite Jakob Park, it offers a breathtaking vista of picturesque parklands. Plus, a serene and tranquil environment, with minimal local traffic passing through.
Another advantage of this property is that it's already connected to the sewerage system. This eliminates extra additional costs or complications that may arise from connecting to utilities, allowing for a smoother and more efficient development process.
In terms of amenities, the property is conveniently located near transport, shopping centers, and a primary school. This ensures accessibility and convenience for potential residents or tenants.
Overall, this hidden gem in Hamilton Hill presents a unique and enticing opportunity for a developer like yourself. It's a chance to unleash your imagination and explore the world of infinite possibilities that await you. Don't delay your aspirations-embrace the boundless potential that this property offers and embark on your development journey today!
Property is being sold "AS IS".
Council Rates: $1,628.98 Water Rates: $969.99
Property features
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Garages
3
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Toilets
1
Property snapshot by reiwa.com
This property at 26 Lorraine Place, Hamilton Hill is a three bedroom, one bathroom house sold by Helen Low at Acton | Belle Property South Perth & Victoria Park on 09 Jul 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Hamilton Hill or see other recently sold properties in Hamilton Hill.
Cost breakdown
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Council rates: $1,628 / year
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Water rates: $969 / year
Nearby schools
Hamilton Hill overview
Hamilton Hill is approximately 16 kilometres south of Perth, located within the City of Cockburn. Hamilton Hill is bounded by Cockburn road to the West, Phoenix road to the south, Stock road to the east and Winterfold road to the north and is only an eight minute drive to the bustling streets of Fremantle.
Life in Hamilton Hill
Hamilton Hill has three primary schools, East Hamilton Hill Primary School, Phoenix Primary School and Southwell Primary School. With the merger of the long-servicing public Hamilton Senior High School with a nearby school and closure of the site in 2017, Fremantle Christian College remains the only mainstream secondary school in Hamilton Hill. Hamilton Hill is also home to the 900-acre reserve Manning Hill which is popular gathering spot for local families.
Hamilton Hill quick stats
High end
$805k
Median
$690k
Low end
$600k
15.9 %
Annual growth
$690k
Annual median sales price
$690pw
Annual median rental price
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