3 Kings Park Avenue, Crawley WA 6009
Offers for block of 4 flats - Redevelopment site w
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8 Bedrooms
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8 Bathrooms
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Landsize 1,348m2
Unit
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Block of 4 Units For Sale - Development Site with Holding Income on 1,348 sqm
Constructed in 1969, this block of four 2-bedroom, 2-bathroom units each occupy their own level and all have a double garage.
Current Leasing:
All four units are currently leased, generating a total weekly income of $2,260, equating to approximately $117,520 per annum.
Development Potential:
- Zoned R60 and currently undergoing rezoning with the City of Perth.
- The R60 zoning allows for 9 group dwellings or 15 multiple dwellings.
- 1:1 plot ratio permits up to 1,348sqm of total living area (gross floor area of all buildings on site).
- Proposed developments can reach a maximum height of 39 metres (approximately 9–13 levels depending on floor heights).
- River views are possible from the 4th floor upwards.
- All development is subject to relevant approvals and setbacks.
Location Highlights:
- Close to sporting facilities, public transport, shopping, recreational centres, and schools (private and government).
- Minutes from UWA, Sir Charles Gairdner Hospital, the Swan River foreshore, and the Hampden Road café strip.
- Nearby golf, tennis, hockey, cricket, and football facilities.
Council Rates:
Unit 1: $1,687.20 per annum
Unit 2: $1,687.20 per annum
Unit 3: $1,687.20 per annum
Unit 4: $1,747.90
Total: $6,809.50 per annum
Water rates:
Unit 1: $1,041.02 per annum
Unit 2: $1,041.02 per annum
Unit 3: $1,041.02 per annum
Unit 4: $1,075.72 per annum
Total: $4,198.78 per annum
-Reticulated grounds
- The property is strata title but not strata managed. Lift maintenance is $1,300 per annum and gardening maintenance is $1,920 per annum.
Contact: Gordon Davies on 0409 181 727 to discuss this opportunity to purchase a prime development site in leafy Crawley.
Property features
Property snapshot by reiwa.com
This property at 3 Kings Park Avenue, Crawley is a eight bedroom, eight bathroom unit listed for sale by Gordon Davies and Jo Pederick at Gordon Davies Real Estate.
For more information about Crawley, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Crawley profile page.
If you would like to get in touch with Gordon Davies or Jo Pederick regarding 3 Kings Park Avenue, Crawley, please call Gordon on 0409 181 727 or call Jo on 0420 512 822, or contact the agent via email.
Cost breakdown
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Council rates: $1,629 / year
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Water rates: $4,198 / year
Nearby schools
Crawley overview
Crawley is a small suburb located within the municipality of the City of Perth. Home to the University of Western Australia, the state's oldest university, a large portion of the suburbs demographic is made up of students who reside within Crawley Village, a collective group of properties owned and operated by the university.
Life in Crawley
Beautiful scenery at every turn defines the Crawley landscape. With the banks of the Swan River at its door steps and the beautiful skyline of Perth City within view, the stunning vistas of the suburb will never tire. Features of note include the Matilda Bay Restaurant and Bar which presents a fine dining experience on the water and the Royal Perth Yacht Club, which is often used as a stunning venue for weddings and other celebratory occasions.
Crawley quick stats
High end
$1.8m
Median
$1.8m
Low end
$1.8m
30.3 %
Annual growth
$1.8m
Annual median sales price
$950pw
Annual median rental price
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