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Endless Opportunities to Explore with this 'Two for One' Property!
Boasting gorgeous views over Grantham Park, this unique Wembley property offers abundant potential and will appeal to a wide range of buyers.
Leafy location aside, the buyer/s of this four-bedroom, two-bathroom residence will, in fact, be purchasing TWO self-contained homes in one! With almost identical floor plans featuring two bedrooms, a kitchen, bathroom, and open-plan living and dining, the 1960s-built double-storey property occupies a generous 602sqm corner site with dual access to Grantham Street and Selby Street and ample off-street parking.
The ground level has polished Jarrah flooring, a spacious living and meals area with French doors to the shaded veranda and a semi-upgraded kitchen and bathroom. Two queen-sized bedrooms include split system air conditioning, each with a separate room adjoining - perfect for a dressing room, study or nursery.
Upstairs is tiled, with a sizeable balcony accessible from the living and dining area. From here, you'll enjoy stunning views across to Grantham Park, an idyllic playground for kids and four-legged friends to roam. The kitchen on this level is primarily original, and the bathroom has been semi-upgraded over the years. The bedrooms are spacious and carpeted, one with an older style evaporative cooling unit and the other with a split system unit.
A separate laundry downstairs has plenty of space and multiple troughs that suit shared rental accommodation. Adjacent, there's a single lock-up garage offering secure storage for bikes, tools and more.
Consider the following opportunities:
• Invest - landbank this prime site for future development, and earn excellent rental income in the meantime. UWA is just 5-kilometres from the property, and a few basic improvements would be all that's needed to secure consistent tenancies.
• Multi-generational families will appreciate having the older generation self-contained in their ground floor home, with more able-bodied family members residing upstairs.
• Enclose the external staircase (subject to council approval) and transform the property into a comfortable family home, using the second kitchen as an extra bedroom as required.
• Live upstairs and enjoy the scenery while operating your home-based business downstairs. Use extra space to create treatment or consulting rooms for your clients, with separate access from the driveway.
From this fantastic part of town, you'll enjoy convenient access to public transport, proximity to shopping and cafes on Cambridge Street, Floreat Forum and Herdsman Fresh, and you'll only have a 500m walk with the kids to Wembley Primary School. Positioned in the desirable Churchlands Senior High School intake area, this fantastic property is also only minutes from Newman College, Aranmore College and Hale School. Scenic walks at Herdsman Lake and Lake Monger are yours to relish while you breathe in the tranquillity and listen to the sounds of the local wildlife. Straight down The Boulevarde for 5km, and you'll arrive at the white sandy shores of Floreat Beach - the location highlights are endless!
Contact John Harun from Ray White Dalkeith-Claremont on 0408 630 129 to explore this exciting opportunity further.
• 500m to Wembley Primary School
• 500m to Herdsman Lake
• 1.6km to Lake Monger Reserve
• 2.9km to Churchlands SHS
• 2.6km to Newman College
• 2.3km to Subiaco Station
• 4.8km to Floreat Beach
• 1.9km to St John of God Hospital Subiaco
• 3.5km to Leederville shopping and dining precinct
Property features
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Garages
1
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Toilets
2
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Floor area
195m2
Property snapshot by reiwa.com
This property at 260 Selby Street, Wembley is a four bedroom, two bathroom house sold by John Harun at Ray White Dalkeith | Claremont on 26 Dec 2022.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Wembley or see other recently sold properties in Wembley.
Cost breakdown
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Council rates: $2,458 / year
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Water rates: $1,709 / year
Nearby schools
Wembley overview
Wembley is a large western-suburb of Perth. Established in 1831, Wembley's key population growth occurred between 1910 and 1930, and again in the post-war years. More recently, Wembley has experienced gradual increases since the mid-1990s as new homes have been added to the suburb.
Life in Wembley
Numerous recreational facilities and clubs add great lifestyle appeal to the suburb, with squash, t-ball, tennis, netball, football, athletics, baseball, lacrosse and hockey all catered for. Lake Monger is a much loved feature, providing lovely walk ways and beautiful scenery to those who visit, while The Wembley Hotel is a popular pub that never fails to draw a crowd. Cambridge Street is the suburbs most urban fixture, with numerous pubs and restaurants lining the street. There are three local schools in Wembley.
Wembley quick stats
High end
$2.0m
Median
$1.5m
Low end
$1.3m
6.2 %
Annual growth
$1.5m
Annual median sales price
$900pw
Annual median rental price
