3 Devon Way, Lynwood WA 6147

Sold price: $750,000 Sold: 07 Jun 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 3 Cars
  • Landsize 853m2
House

HOMEOPEN CANCELLED, PROPERTY UNDER OFFER BEFORE FIRST HOMEOPEN!

Fixed Date Sale - Must be sold on or before the 23rd of June 2024. All offers will be presented as soon as they are written up, an offer may be accepted before the end date.

First home open is this Sunday at 1:00 - 1:30pm. 9/6/24

Are you an astute investor looking for your next big opportunity? Look no further than 3 Devon Way, Lynwood! This exceptional property is zoned R30, offering a myriad of possibilities for savvy developers and investors alike.

Property Highlights:

Prime Location: Situated in the thriving suburb of Lynwood, this property offers easy access to essential amenities, including schools, shopping centres, parks, and public transport.
R30 Zoning: Unlock the potential for development with R30 zoning, providing the opportunity for medium-density residential projects.
Generous Land Size: The spacious lot allows for multiple dwelling constructions, maximising your return on investment.
Existing Dwelling: An existing home provides rental income potential while you plan your development.
Future Growth: Lynwood is a suburb on the rise, with increasing demand for quality housing, ensuring a solid future return.

Features of the Existing Home:
3 Bedrooms, 1 Bathroom
Separate lounge room
Open plan living and dining area
Large backyard with potential for landscaping or additional structures
Undercover carport

Why Invest in Lynwood?

850m to Lynwood Supa IGA Shopping Centre
3.6km to Westfield Carousel Shopping Centre
2km to Lynwood Senior High School
750m to Bannister Creek Primary School
Potential Rental of $580 - $650 per week on the original home
Strong Rental Demand: With its convenient location and growing community, Lynwood is a hotspot for renters.
Proximity to Infrastructure: Close to major roads, public transport options, and the expanding commercial hubs of Perth.
Community Focused: Family-friendly atmosphere with a range of local schools, parks, and recreational facilities.
Don't miss out on this rare opportunity to secure a prime piece of real estate in a booming area. Whether you're looking to develop now or hold for future gains, 3 Devon Way, Lynwood is the investment you've been searching for!

This property is sold AS IS, there will be no good working order annexure.

Contact Us Today!

Need help with finance? I can help, don't be the buyer who misses out because of finance, a quick call from me and I can have one of our brokers get in touch with you to discuss your finance needs all at no cost to you.

Call Shaun or Harjit Benwath for a viewing on 0481 084 501 or 0407 987 350

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own inquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Property features

  • Garages 2
  • Carports 1
  • Toilets 1
  • Floor area 119m2

Property snapshot by reiwa.com

This property at 3 Devon Way, Lynwood is a three bedroom, one bathroom house sold by Team Benwath at BEYOND REAL ESTATE on 07 Jun 2024.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Lynwood or see other recently sold properties in Lynwood.

Nearby schools

0.4km
0.7km
Brookman Primary School
  • Primary
  • Government
0.7km
St Jude's Catholic School
  • Primary
  • Non-government
Disclaimer

Lynwood overview

In November 1964, the Shire of Canning proposed that this area be named "Willetton" after Henry Willett of Willett and Co." Early landholders in the area. In August 1965 the Shire advised that the Realty Development Corporation Ltd had requested the name "Clovercrest Estate" but that neither party would object to the use of the name Lynwood instead of "Willetton". This amendment was approved in 1965 and the name "Willetton" was used for an adjoining locality.

Life in Lynwood

Lynwood contains a vibrant neighbourhood shopping centre complete with supermarket, post office, estate agency, and a number of food outlets as well as community hall, primary school which also services the adjoining suburb of Ferndale and a secondary school - Lynwood Senior High School.

Lynwood quick stats

High end $750k
Median $677k
Low end $608k
36.7 %
Annual growth
$677k
Annual median sales price
$660pw
Annual median rental price

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FAQ's

3 Devon Way, Lynwood sold on 7/6/2024 for $750,000.

3 Devon Way, Lynwood is a 3 bedroom, 1 bathroom house.

The median house price in Lynwood is $676,900, the median unit price is $402,000.
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