Reiwa Reiwa
60 Corinthian Road West, Shelley WA 6148

60 Corinthian Road West, Shelley WA 6148

Sold price: $1,825,000
Sold
Sold: 25 Mar 2024

6 Bedrooms

2 Bathrooms

2 Cars

Landsize 1,214m2

House

Contact the agent

Zac Addenbrooke

0437414178

Pulse Property Group


WELCOME HOME

ACCOMMODATION
Rare opportunity! GREEN TITLED, zoned R20 with subdivision potential (subject to approvals), PLUS an existing duplex to help pay the mortgage, this property is a top pick for investors, developers, and/or families looking for both short & long-term benefits.

For developers and investors, you've got the opportunity to subdivide into two lots (subject to WAPC & council approvals) OR, potentially three lots with a possible requirement of 1 lot being 350sqm (subject to WAPC & council approvals); all within the Rossmoyne Senior High School catchment, and ideally located just one street back from the picturesque riverfront and walkway. And in the meantime, the existing duplex (60A and 60B) can help you pay down the mortgage. Inside, each home offers three good-sized bedrooms with built-in robes, plus 1 bathroom, a separate lounge and dining area as well as an inbuilt linen press and pantry, and a spacious patio. The front home (60A) is currently rented for $500 per week on a periodic lease. While a recent rental appraisal valued each home at $550 per week, there is also room for increased returns if you're willing to do some work.

With diverse appeal and a top-notch location, this property promises both immediate returns and future potential - don't miss out!

FEATURES & BENEFITS
• Enormous 1,214sqm GREEN TITLE block
• Zoned R20 with the potential for subdivision (subject to WAPC & council approvals)
• TWO 3x1 homes (60A & 60B) included on the one title; 60A is currently rented at $500 per week on a periodic lease
• Recently appraised at $550 per week (per home), with the potential to achieve more with a little TLC
• Water is separately metered
• Amazing location set just one street back from the stunning riverfront & walkway
• Within the competitive Rossmoyne Senior High School Zone catchment
• Minutes from Fifth Park in Rossmoyne, and a short walk from the Shelley Park oval

LOCATION
Take full advantage of the prime riverside location. Sitting just a short distance from the river, where you can enjoy morning walks and parklands, and in proximity to Shelley Primary School, Shops, Cafes, restaurants, Curtin University, and public transport links, all within the Rossmoyne High School Zone. Enjoy all the benefits this riverside suburb offers and be quick to secure your future.

CONTACT
Represented by Team Addenbrooke, contact us directly to book your viewing or text "60 Corinthian" to 0437 414 178 for your free digital brochure.

*FLOORPLAN NOTE - the front home (60A) room sizing and layout is to be used a guide only.
**SUBDIVISION NOTE - all subdivision potential comments are based on conversations with the City of Canning, and a local Surveyor who have outlined that the triplex potential is viable, but not guaranteed. We encourage all prospective buyers to conduct their own research and confirmation.

Property features

  • Carports 2

Cost breakdown

  • Council rates: $4,873 / year
  • Water rates: $2,226 / year

Nearby schools

Shelley Primary School Primary Government 1.1km
Rossmoyne Primary School Primary Government 1.1km
Aquinas College Combined Non-government 1.5km
Rossmoyne Senior High School Secondary Government 1.5km
Queen Of Apostles School Primary Non-government 1.9km
Willetton Primary School Primary Government 1.9km
All Saints' College Combined Non-government 1.9km
Orana Catholic Primary School Primary Non-government 2.0km
St Pius X Catholic School Primary Non-government 2.1km
Manning Primary School Primary Government 2.2km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4792739