Sold
51 Halley St , Innaloo WA 6018
Sold price: $1,270,000
Sold: 03 Dec 2024
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 911m2
House
View
Sold Jorden Peirce . Development Sites Needed Urgently
Superbly located in one of Innaloo’s most sought after street, 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 Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!
In a R40 zoned with street frontage of 20.1m, 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 $650p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 4 - Retain, subdivide and renovate house. Sell house and 2 extra lots to high demand market!
FEATURES OF EXISTING HOME:
- Large open plan living areas
- 3 large bedrooms with BIR's
- 1 bathroom with spa
- Plenty of parking for boats or caravan
- Hard wired smoke alarms
- Laundry which can be converted into 2nd bathroom
- Level block perfect for developing
- Whisper quiet street
- NORTH facing yard
- Building conveniently located on front of the block to allowing for retain and subdivide
- Higher returns for developers on Karrinyup side of Innaloo
Be Quick! Opportunities like this don’t come around often!
Call Jorden Peirce on 0416 300 431 and register your interest today!
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Property snapshot by reiwa.com
This property at 51 Halley St , Innaloo is a three bedroom, one bathroom house sold by Jorden Peirce at Capital Property Marketing WA on 03 Dec 2024.
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
$975k
Median
$860k
Low end
$765k
22.9 %
Annual growth
$860k
Annual median sales price
$750pw
Annual median rental price
