Sold
312 Warwick Road, Warwick WA 6024
Sold price: $950,000
Sold: 07 Feb 2024
Sold
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5 Bedrooms
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1 Bathroom
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Landsize 1,382m2
House
View
*** SECOND CHANCE *** Massive Investment Opportunity!
Fantastic opportunity to invest in this multi-use property in a prime location.
Currently configured as a medical centre, the property was previously used by a pediatrician and has 4 functioning consulting rooms. The rental being paid was $60,000 pa.
Zoned residential with special purpose approval for medical, this property is currently in the City of Joondalup Development Zone ("Housing Opportunity Area").
With a land area of 1382 sqm and a building area of 190 sqm, this property provides ample space for various uses and has plenty of flat parking available too.
City of Joondalup advises zoning is R20/R40 and so is a potential 4 unit development site (or 5 over 55's units). The site is currently approved for a medical centre.
Located on busy Warwick Road, you will have great exposure plus the convenience of being just 500m away from Freeway access.
Priced at Offers Around $1.1M, this property offers great value for its size, location, and potential.
Call David Snell today on 0400 827 800 to arrange your viewing and secure your future investment.
Property features
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Floor area
190m2
Property snapshot by reiwa.com
This property at 312 Warwick Road, Warwick is a five bedroom, one bathroom house sold by David Snell at One Agency North on 07 Feb 2024.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Warwick or see other recently sold properties in Warwick.
Nearby schools
Warwick overview
Warwick is an outer-northern suburb of Perth that spans three square kilometres. Its land use is predominantly for residential purposes, though there is substantial parkland in the suburbs eastern sector. Warwick's most substantial development period occurred during the 1970s.
Life in Warwick
Warwick is largely removed from over-urbanisation, though being close to the Mitchell Freeway it has quick and convenient access to nearby urban hubs and attractions.
Within its boundaries the suburb has Centro Warwick Shopping Centre, which services local commercial and amenity requirements, as well as recreational facilities like Warwick Leisure Centre and Warwick Community Centre.
There are two local schools in the suburb, Hawker Park Primary School and Warwick Senior High School.
Warwick quick stats
High end
$920k
Median
$850k
Low end
$796k
20.6 %
Annual growth
$850k
Annual median sales price
$775pw
Annual median rental price
