Sold
38 - 40 Point Walter Road, Bicton WA 6157
Sold price: $2,050,000
Sold: 13 Oct 2021
Sold
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8 Bedrooms
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4 Bathrooms
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4 Cars
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Landsize 1,853m2
House
View
One for the astute investor or developer
Rarely do landholdings of this caliber come to the market in the leafy riverside suburb of Bicton.
On offer are four two bedroom villas to be sold as one, nestled upon 1853sqm of prime land zoned R20 under the City of Melville planning scheme. All dwellings are currently leased providing an income while deciding how to develop the site.
The super site is ideally suited to a boutique upmarket development superbly located within easy access to from Point Walter Reserve, Melville Shopping Centre, schools, transport.
Advantageous proportions afford the next owner flexibility when designing the forthcoming development while utilising the possibilities of a unique 34.7 metre frontage.
Opportunities like this don't last long.
Property features
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Carports
4
Property snapshot by reiwa.com
This property at 38 - 40 Point Walter Road, Bicton is a eight bedroom, four bathroom house sold by Frank Bove at Mont Property on 13 Oct 2021.
Looking to buy a similar property in the area? View other eight bedroom properties for sale in Bicton or see other recently sold properties in Bicton.
Cost breakdown
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Council rates: $1,541 / year
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Water rates: $894 / year
Nearby schools
Bicton overview
Are you interested in buying, renting or investing in Bicton? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Bicton offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.
Bicton quick stats
High end
$1.7m
Median
$1.4m
Low end
$1.1m
3.8 %
Annual growth
$1.4m
Annual median sales price
$850pw
Annual median rental price
