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5 Hillman Street, Spencer Park WA 6330

Sold price: $500,000 Sold: 04 May 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 1,280m2
House
5 Hillman Street, Spencer Park WA 6330

TRIPLEX POTENTIAL - PRIME LOCATION - CLASSIC HOME

While there are quite a few subdivided and established duplex properties in the same centrally-located street, what sets this leading new listing apart from most is the huge R40-zoned lot, which features an extra-wide 49.19-metre frontage and prime triplex potential.

The existing solid, engaging and partially-renovated home is set well-back on the lot, leaving plenty of land and easy vehicle access for two more dwellings, subject to the relevant planning approvals.

The location is also a major selling point, with schools, shops, sporting and medical amenities and Middleton Beach and Albany's CBD close by.

The property is leased @$370pw until 31/10/2024, and could fetch $470pw in the current rental climate.
Elect to consider the development potential, or continue to lease out long-term or move in when the lease expires.

The jarrah floor, ornate cornice, high ceiling and French and double glass door home features a fabulous 2018 renovated, integrated appliance and storage galore kitchen and handy scullery. Both are central to the charming front sunlit lounge and dining area with wood heating and a rear laundry, toilet and private rear sunroom and patio, making the layout ideal for entertaining.
The main entry hall flows to three bedrooms, all with great robes, and one linked to a room, which would be great for a walk-in robe and/or ensuite, or a nursery or hobby room.
Another hall features storage and an updated in-vogue bathroom.

Exceptional potential in an excellent location. Act now.

For more detailed information or to arrange a private viewing please contact Paul Armstrong on 0459 381 382.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 5 Hillman Street, Spencer Park is a three bedroom, one bathroom house sold by Paul Armstrong at Wellington & Reeves on 04 May 2024.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Spencer Park or see other recently sold properties in Spencer Park.

Cost breakdown

  • Council rates: $2,048 / year
  • Water rates: $1,525 / year

Nearby schools

0.6km
1.2km
Albany Primary School
  • Primary
  • Government
Disclaimer

Spencer Park overview

Are you interested in buying, renting or investing in Spencer Park? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Spencer Park 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. 

Spencer Park quick stats

High end $533k
Median $475k
Low end $415k
11.6 %
Annual growth
$475k
Annual median sales price
$415pw
Annual median rental price

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FAQ's

The average number of selling days in Spencer Park is 13 days.

5 Hillman Street, Spencer Park is a 3 bedroom, 1 bathroom house.
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