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What we love:
An ideal Home for the Owner Occupier with the flare for renovations or development site that meets seasoned developers or investors checklists – enviable location, large lot, flexible development options, side access to rear along Eastern boundary and the potential to keep existing home and subdivide rear or knock over the home and start with a blank canvas for 2 or even potentially 3 new homes.
Set on a 698sqm R40 zoned, development potential block, develop now, or simply enjoy the returns with tenants keen to stay on and potential capital growth of your nest egg, knowing that you’re perched on property gold.
So get your pen ready because this one ticks all the boxes of that dream renovation or development site you’ve been waiting for!
What to know:
Green Title 698sqm R40-zoned block with rear access via Eastern boundary.
Retain existing main home and subdivide the rear yard into a 2nd lot.
Existing Solid double brick home is very neat and has 3 bedrooms and 1 bathroom.
Undercroft garage plus carport.
Single garage with lots of extra parking.
Built: 1958
Council: $1,461.64/year Water: $1,087.58/year
Location:
700m to Lake Gwelup Reserve Boardwalk
1km to Yuluma Park
1.1km to The Saint George Hotel
1.3km to Mitchell Freeway on ramps (at Karrinyup Rd)
1.4km to Karrinyup Shopping Centre
4km to Scarborough Beach and all of its attractions – shops, bars, cafes, clubs and markets.
11km into Perth’s CBD
Schools:
290m to Tiny Beez Education & Care Centre
1.2km to Yuluma Primary School
1.7km to St Dominic's Primary School
4km to Carine Senior High School
Note: distances and timing are approximate
Who to talk to:
Nathan Tonich 0400 403 229 or email [email protected]
Property features
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Garages
1
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Carports
1
Property snapshot by reiwa.com
This property at 45 Norman Street, Innaloo is a three bedroom, one bathroom house sold by Nathan Tonich at Realmark Urban on 11 Apr 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Innaloo or see other recently sold properties in Innaloo.
Nearby schools
Innaloo overview
Innaloo is a mixed-use suburb 10 kilometres from Perth City. It is bound by Karrinyup Road to the north, Mitchell Freeway to the east, Scarborough Beach Road to the south and Huntriss Road to the west. Extensive development of Innaloo began in the 1940s, with many of the homes that stand today renovated or restored versions of the original heritage buildings.
Life in Innaloo
With the beach close by as well as major shopping and retail facilities, Innaloo provides an enviable mix of urban and suburban benefits. Westfield Innaloo Shopping Centre is a central fixture of the suburb and is a major retail and commercial centre within the Perth metropolitan area. Parks and walkways feature throughout as well as recreational facilities, primary schools and other smaller shopping facilities.
Innaloo quick stats
High end
$881k
Median
$785k
Low end
$701k
18.9 %
Annual growth
$785k
Annual median sales price
$722pw
Annual median rental price
