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EXCELLENT REDEVELOPMENT OPPORTUNITY SITE PLUS APPEALING RETRO 50'S HOUSE
With its 460sqm block, R60/100 zoning and rear access, it seems the stars are really in alignment here: which translates as 'Present conditions are favorable; future prospects are good'.
A perfect way to describe this opportunity.
There is a rather nice 1950's home currently in-situ which has some brilliant tenants thus there's a ready income in place.
Other advantages are the convenient location within strolling distance of local schools and parks, local fast food outlets, 24 hour garage and some seriously good restaurants. The freeway is close by and the city is just a bus ride or short drive away. Plus, there is a recent development next door,
a stylish 5 unit building with strong architectural lines.
COMPRISING
- 2/3 bedroom 1 bathroom
- Spacious living and kitchen
- Laundry and storage
- Under-croft garage
- Air conditioning
- Gas heating
DEVELOPMENT FEATURES
- 460sqm block
- Rear access
- R60/100 zoning
AGENTS COMMENT
This is a sought-after suburb and with rentals in short supply, this is a perfect location for a unique and innovative development.
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 560 Charles Street, North Perth is a two bedroom, one bathroom house sold by Donna Buckovska at Bellcourt Mount Lawley on 13 May 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in North Perth or see other recently sold properties in North Perth.
Nearby schools
North Perth overview
Close to three kilometres from Perth sits North Perth. The inner-city suburb offers a genuine suburban environment with plenty to do, see and eat. The main streets of North Perth are impressive in their diversity, with restaurants, retail facilities and entertainment venues all within the suburb. The properties in North Perth are characterised by a charm of decades past, with many having undergone renovations over the years.
Life in North Perth
Equipped with a multitude of delicious restaurant experiences, North Perth has a dining choice to suit any budget. The Rosemount Hotel is a notable icon of the suburb and a must-see for fans of live music with both home-grown talent and popular acts regularly featuring. Other features of note include the North Perth Town Hall, Beatty Park Leisure Centre, Woodville Reserve and Hyde Park.
North Perth quick stats
High end
$1.4m
Median
$1.2m
Low end
$978k
12.9 %
Annual growth
$1.2m
Annual median sales price
$885pw
Annual median rental price
