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ENDLESS OPPORTUNITY
This grand character residence, nestled on 688sqm of land, presents a rare and exciting opportunity for the astute buyer.
With a sealed rear right of way, and a WAPC approved subdivision already in place, it presents a variety of interesting development options and commercial or residential uses for the current dwelling.
Situated in Mount Lawley's most sought-after neighbourhood, it is moments from Mount Lawley train station, cycle paths and 2km from the city.
Summary:
- Leased until May at 2025 ($39,783.72 per calendar with a 3% fixed increase as at 1st June each year)
- Zoned Business (City of Stirling) offering a variety of different potential usages including (but not limited to) medical, childcare, offices, multiple dwelling and residential
- WAPC Approved subdivision
- 150sqm approx. internal
- Off-street parking for two cars and an option for more at the rear
- Ample public parking available on the street
- Sealed rear right of way - Challen Lane
- 5 formal rooms, 1 bathroom and kitchen/dining
- Jarrah floorboards, formal entrance hall and waiting area, soaring high ceilings and sash windows
- Moments from Mount Lawley train station, cycle paths, Beaufort Street, Forrest Park and the Swan River
- 2km from the City
Property features
Property snapshot by reiwa.com
This property at 57 Railway Parade, Mount Lawley is a four bedroom, one bathroom house sold by Carlos Lehn and Paul Owen at Beaucott Property Group on 25 May 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Mount Lawley or see other recently sold properties in Mount Lawley.
Cost breakdown
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Council rates: $2,416 / year
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Water rates: $1,944 / year
Nearby schools
Mount Lawley overview
Beautifully renovated homes populate the charming suburb of Mount Lawley. Leafy backdrops and picturesque landscapes offer a unique ambience, while a fast-paced, exciting main strip leaves no question as to whether Mount Lawley is an energetic urban locale. The suburb is situated five kilometres north of the Perth CBD.
Life in Mount Lawley
With Beaufort Street a fixture of the suburb, there is plenty to do in Mount Lawley. A must-see destination for locals and visitors alike, the vibrant street is loved for its surplus of restaurants, pubs, wine bars, shops and cafes. Highlights include The Flying Scotsman and Queens Tavern, which never fail to draw a crowd, and the Astor Theatre, which hosts a number of must-see acts that come through Perth. Other features include the Mount Lawley Golf Club, Mount Lawley Senior High School and Edith Cowan University.
Mount Lawley quick stats
High end
$1.8m
Median
$1.4m
Low end
$1.2m
20.6 %
Annual growth
$1.4m
Annual median sales price
$795pw
Annual median rental price
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