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ELEVATED, 956 Sqm (Zoned R60), HILL VIEW's DEVELOPMENT SITE With GENEROUS HOME in PRISTINE CONDITION
Location, Investment, Development, Potential or simply a beautifully presented, large family home with classic (1947) character appeal, perfectly preserved and presented in near pristine condition.
Ideal for a strong rental return from a caretaker tenant, providing a healthy income while you plan to maximize what is without question, a generous 'Land bank' of just under a quarter (1/4) acre with an exceptional higher density (R60) zoning, ideal for up to x6 unit multi-story apartments or x3-4 Luxurious, two story designs, offering impressive, panoramic, City and hill's views all positioned less than a minute form Perth's major corridor, arterial high way and freeway system, Key Transperth and soon Metronet (light rail) infrastructure, Airport/s proximity, Hospitals, University's, Perth's best Shopping centers and more...
So much potential upside and yield's for the right form of development, lie beneath your feet at 41 Ellam street, its little wonder that land with this much to offer is so rare and sought after.
Be quick to contact Julian (0419936202) or Jack (0413897222) for information/inspection and/or to present your expression of interest/offer to secure one of the best located, growth suburb development potential land offerings available, anywhere in the Perth Metro area.
To be SOLD by 'END of DATE SALE' - (EXPRESSIONS of INTEREST) with all Offers presented by COB on Wednesday 17th November* (Unless SOLD prior)*.
*The seller reserves the right to negotiate and/or accept a suitable/preferred offer prior to the END (of Offers) Date stipulated.
Property features
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Air conditioned
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Garages
1
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Carports
2
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Patio
Property snapshot by reiwa.com
This property at 41 Ellam Street, St James is a four bedroom, one bathroom house sold by Julian Leach at Verse Property Group on 27 Nov 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in St James or see other recently sold properties in St James.
Cost breakdown
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Council rates: $1,468 / year
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Water rates: $966 / year
Nearby schools
St James overview
Are you interested in buying, renting or investing in St James? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle St James 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.
St James quick stats
High end
$850k
Median
$690k
Low end
$591k
12.2 %
Annual growth
$690k
Annual median sales price
$625pw
Annual median rental price
