Sold
49 and 49A Halley Street, Innaloo WA 6018
Sold price: $1,150,000
Sold: 22 Jul 2021
Sold
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6 Bedrooms
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2 Bathrooms
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4 Cars
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Landsize 911m2
House
View
911sqm Potential Quad Site!! 2 houses Current rental return $700pw.
Potential Quad Site in Innaloo.
Superbly located in one of Innaloo’s most sought after streets, this massive development property will appeal to many buyers with 911sqm of land!
Only a short drive away to Scarborough Beach and within close proximity to newly completed Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and Karrinyup freeway entry and exit. The demand to move into this appealing suburb will surely increase!
In a R40 zoned with street frontage of 20.1m and 45.3m depth, this property shows potential opportunities to develop up to four homes.
OPTION 1 - Subdivide into 4 lots. Sell individual lots as house and land packages.
OPTION 2 - Develop into 4 single or double storey 4 bed 2 bath double garage homes. Sell end product to high demand market.
OPTION 3 - Keep the current tenants in the property and collect the rent to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 4 - Move into one house whilst renting out next door. Use the rent collected next door to service the loan!
Property features
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Carports
4
Property snapshot by reiwa.com
This property at 49 and 49A Halley Street, Innaloo is a six bedroom, two bathroom house sold by Jorden Peirce at Capital Property Marketing WA on 22 Jul 2021.
Looking to buy a similar property in the area? View other six 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
