Sold
28 Laurence Rd, Innaloo WA 6018
Sold price: $1,200,000
Sold: 21 Jan 2025
Sold
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3 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 749m2
House
View
Sold by Jorden Peirce
Jorden Peirce presents another development opportunity
Superbly located in one of Innaloo’s most sought after street, this massive development property will appeal to many buyers with 749sqm of land!
Only a short drive away to Scarborough Beach and within close proximity to Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!
In a R40 zoned with street frontage of 18.6m, this property shows potential opportunities to develop up to three homes. The block is slightly elevated with possible views of Perth CBD from a second level!
OPTION 1 - Retain House and subdivide into 3 lots! Sell the resulting lots into high demand market.
OPTION 2 - Clear the land and build 3 new houses
OPTION 3 - Rent out the property and potentially collect up to $800p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 5 - Buy the house and gain entry into this sought after suburb with large backyard.
*Subdivision is subject to successful approval. A 3 lot development is possible.
FEATURES OF EXISTING HOMES:
- Large living area
- Large backyard
- 3 Bedrooms
- Built in wardrobe
- 1 Bathroom
- Plenty of parking for boats or caravan
- Large Double Garage with activities area
- Level block perfect for developing
- Whisper quiet street
- NORTH rear
Be Quick! Opportunities like this don’t come around often!
Call Jorden Peirce on 0416 300 431 and register your interest today!
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Property features
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Garages
2
Property snapshot by reiwa.com
This property at 28 Laurence Rd, Innaloo is a three bedroom, one bathroom house sold by Jorden Peirce at Capital Property Marketing WA on 21 Jan 2025.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Innaloo or see other recently sold properties in Innaloo.
Nearby schools
Innaloo overview
Innaloo is a mixed-use suburb 10 kilometres from Perth City. It is bound by Karrinyup Road to the north, Mitchell Freeway to the east, Scarborough Beach Road to the south and Huntriss Road to the west. Extensive development of Innaloo began in the 1940s, with many of the homes that stand today renovated or restored versions of the original heritage buildings.
Life in Innaloo
With the beach close by as well as major shopping and retail facilities, Innaloo provides an enviable mix of urban and suburban benefits. Westfield Innaloo Shopping Centre is a central fixture of the suburb and is a major retail and commercial centre within the Perth metropolitan area. Parks and walkways feature throughout as well as recreational facilities, primary schools and other smaller shopping facilities.
Innaloo quick stats
High end
$990k
Median
$875k
Low end
$780k
20.6 %
Annual growth
$875k
Annual median sales price
$780pw
Annual median rental price
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