Sold
492 Newcastle Street, West Perth WA 6005
Sold price: $1,081,000
Sold: 27 Jul 2023
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 696m2
House
View
Exceptional City Fringe Development Opportunity!
This gorgeous circa.1940 bungalow property takes the term 'fringe dwelling' to an entirely new level!
Aside from the obvious aesthetic appeal of the charming dwelling, there's also 696sqm of prime urban real estate - zoned R160 (mixed-use residential/commercial) and brimming with development potential.
Inside the home, find three spacious bedrooms, a study, bathroom (two WCs) and character features such as original jarrah boards and soaring decorative ceilings. Set on solid limestone footings and with a quaint bullnose veranda, it could be returned to its former glory by a keen renovator.
Alternatively, take advantage of the hot rental market and lease this beauty in the short or medium term while you explore the exciting development options, including a potential mixed-use highrise complex (subject to local authority and WAPC approvals. Buyers to conduct their own due diligence and make enquiries to the City of Vincent).
Moments from Perth's CBD, Northbridge, Leederville and rail transport, this premium city fringe location is always in high demand. Stroll to festival and live music events, endless eateries on Oxford Street, and enjoy proximity to Loftus Recreation Centre, Hyde Park and magnificent Lake Monger.
Don't delay - contact Adam Whitford of Xceed Real Estate on 0406 616 608 with your interest today.
Features include:
Elevated 696sqm prime site with city views
Zoned R160 - mixed-use (residential/commercial)
Highrise potential
3-bedroom character home
Separate study area
Large workshop with ROW access
Bathroom, laundry, 2 WCs
Air conditioning
Large covered alfresco area
Gas cooking in the kitchen
Location (approx. distances):
Perth CBD 1.9km
Central Leederville precinct 900m
Leederville Station 1.0km
Hyde Park 1.5km
Lake Monger 1.8km
North Perth Primary School 1.3km
St George's Anglican School 1.6km
Aranmore Catholic School 2.0km
Property features
Property snapshot by reiwa.com
This property at 492 Newcastle Street, West Perth is a three bedroom, one bathroom house sold by Adam Whitford at Xceed Real Estate on 27 Jul 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in West Perth or see other recently sold properties in West Perth.
Cost breakdown
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Council rates: $1,829 / year
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Water rates: $1,295 / year
Nearby schools
West Perth overview
A short stroll in the westerly direction of Perth City sits West Perth. Home to the much loved and iconic Kings Park, this affluent suburb comprises elegant, modern apartment complexes and impressive office towers.
Life in West Perth
Bask in the view of Perth's stunning landscape from the beautiful Kings Park, or grab a friend and take on the athletic challenge of conquering the 242 stairs at Jacob's Ladder. The City West Train Station makes travelling around Perth easy, while Harbour Town provides factory outlet shopping to suit retail needs.
There are numerous cafes and eateries within West Perth to explore, as well as beautiful leafy streets to make morning walks with the dog that much more enjoyable. Other features of note include Scitech and Parliament House.
West Perth quick stats
High end
$1.4m
Median
$1.2m
Low end
$1.0m
36.1 %
Annual growth
$1.2m
Annual median sales price
$675pw
Annual median rental price
