Sold
58 Napier Street, Nedlands WA 6009
Sold price: $1,170,000
Sold: 31 Aug 2019
Sold
-
2 Bedrooms
-
1 Bathroom
-
Landsize 696m2
House
View
R160 Development Opportunity North of the Highway
Potential Plus!
ABSOLUTELY ALL OFFERS BY 4PM WEDNESDAY 25 SEPTEMBER 2019. (SELLER RESERVES THE RIGHT TO SELL PRIOR). WILL BE SOLD.
Stop looking and start dreaming of the possibilities as you have found THE perfect piece of real estate rarely found north of the highway. Recently re-zoned under the Nedlands LPS3 planning scheme, this R160 site presents the astute investor, keen renovator or clever developer an opportunity to secure prime land in a leafy, sought after Nedlands hot spot.
Zoned R160, on a 696 m² block with a 15.23 metre street frontage this property is a golden redevelopment opportunity and the choices are endless.
There's an added benefit of a good rental income from the existing 2 bedroom 1 bathroom 1930s character home on the property which features large rooms, high ceilings, a sleepout and an enormous backyard!
The property is conveniently located in a tree lined, neighbour friendly street and is in close proximity to the popular 24-hour Supa IGA on Taylor Road, UWA, Hollywood and SCG Hospitals. 58 Napier Street is a short bike ride to Perth's best schools and Claremont Quarter plus a quick drive to the City and the Swan River.
This property will suit:
- Astute investors & developers who appreciate the value in the area
- Medical professionals, university staff who want to reside close to work
- Renovators who love the 1930s character homes
- Young families or professional couples who would see the value in investing and renovating with the future potential of redevelopment
- Country / Interstate people looking for a good investment opportunity
Renovate and reside while you land bank this gem or redevelop now - the choice is yours!
Features include:
• 696 m² block with 15.23 m frontage and depth of 45.7m
• Recently rezoned to R160 as part of Nedlands LPS3 planning scheme
• 2 large bedrooms, 1 bathroom original 1930s home with a huge backyard
• Within the Shenton College, Freshwater Bay and Hollywood Primary School catchments
• Close to 24-hour Supa IGA UWA, Hospitals, The Swan River, CBD and Claremont
Call Mareena Weston on 0422 406 199 to book an inspection.
ABSOLUTELY ALL OFFERS BY 4PM WEDNESDAY 25 SEPTEMBER 2019. (SELLER RESERVES THE RIGHT TO SELL PRIOR). WILL BE SOLD.
DISCLAIMER: The Buyer(s) agree to conduct their own due diligence on the development potential and dimensions with all relevant authorities before proceeding with formal offers.
Property features
Property snapshot by reiwa.com
This property at 58 Napier Street, Nedlands is a two bedroom, one bathroom house sold by Mareena Weston at Space Real Estate on 31 Aug 2019.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Nedlands or see other recently sold properties in Nedlands.
Cost breakdown
-
Council rates: $2,079 / year
-
Water rates: $1,132 / year
Nearby schools
Nedlands overview
Nedlands is an inner-western suburb of Perth. It has a diverse mixture of housing with low-cost dwellings provided for students of the neighbouring University of Western Australia and wealthy homes in the southern sector of the suburb. There is also a significant commercial sector along both sides of Stirling Highway.
Life in Nedlands
Home to some of the finest medical facilities in the state, such as one of Perth's major public hospitals Sir Charles Gairdner Hospital, Nedlands has plenty to offer its residents. Recreation facilities are in abundance with tennis courts, sports clubs, parks, ovals, a yacht club and a golf club all available. Other major features of the suburb include the Lions Eye Institute and Hollywood Private Hospital.
Nedlands quick stats
High end
$2.6m
Median
$2.0m
Low end
$1.6m
2.2 %
Annual growth
$2.0m
Annual median sales price
$1,125pw
Annual median rental price
