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STAKE YOUR CLAIM
OFFERS BY 4PM AUGUST 5, 2024
(The Seller/s reserve the right to accept an Offer prior to the closing date without notice)
THE FEATURES YOU WILL LOVE
Just 600 metres from the ocean and with the ideal north facing rear backing onto Star Swap Reserve, this colossal 1437m2 landholding with a generous 20.12m frontage comes with a bonus duplex pair and subdivision potential (subject to all necessary approvals). There are so many options here; to landbank in a rising market, with two existing dwellings, strong population growth and low vacancy rates, to build your dream home on this vast, estate sized lot, or to explore the possibility to subdivide in an area of such strong demand and pristine natural beauty.
THE LIFESTYLE YOU WILL LIVE
With the beach so close to the west and acres of Class A bushland reserve to the east, development sites in locations of this calibre are becoming scarce and highly sought after. The number of stylish, modern homes nearby demonstrating the stature in which this area is held. Just metres from North Beach Primary and central to Our Lady of Grace Primary, Carine SHS and the bustling restaurants, cafes and shopping precincts of Flora Terrace and North Beach Shopping Centre - the lifestyle enjoyed by Sorrento Street locals is the envy of many. This is a vibrant, outdoor community where the streets are dotted with Peppermint trees and there is always someone walking to, or from, the whitest of beaches nearby.
THE DETAILS YOU WILL NEED
City of Stirling Rates: $3947.47 (Combined for both lots)
Water Corporation Rates: $2513.04 p.a (Combined for both lots)
Combined Land Area: 1437m2 (approx)
Strata Fees: Residential Strata Insurance Plan only = $1770.67 p.a. (Combined for both lots)
Zoning: Residential R20
Please note: The properties 69 & 69a Sorrento Street (being Lot 1 and Lot 2 on Strata Plan 6226) are offered for sale concurrently, with the buyer thereby having the opportunity to acquire both lots and all common property comprising a total of 1437m2.
69a Sorrento Street (Lot 2 on Strata Plan 6226) is being sold with an existing Residential Tenancy Agreement. 69 Sorrento Street (Lot 1 on Strata Plan 6226) is offered for sale with vacant possession.
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 69 & 69A Sorrento Street, North Beach is a four bedroom, two bathroom house sold by Greg Williams at DUET Property Group on 05 Aug 2024.
Looking to buy a similar property in the area? View other four bedroom properties for sale in North Beach or see other recently sold properties in North Beach.
Cost breakdown
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Water rates: $2,513 / year
Nearby schools
North Beach overview
The name North Beach began as a descriptive name, derived from the suburb being at the time the most northerly of Perth's beaches. It was assigned in 1888 when surveyor Charles Crossland referred to the pastoral leases of Samuel Richard Hamersley as his "north beach coastal run". The suburb was originally set aside as a timber reserve in the 1860s and then as a quarantine area for camels entering in the 1890s. A number of orchards operated in the area with the only evidence that remains today an old olive tree on Hope Street.
Life in North Beach
Residential styles in North Beach include a mix of holiday dwellings from before and after World War II, some former workers' houses, and modern dwellings. As a residential suburb, North Beach has small shopping areas on the coast and at Flora Terrace and Castle Street which offer basic commercial services. The suburb features a tennis club and has two primary schools - North Beach Primary School and Our Lady of Grace School.
North Beach quick stats
High end
$2.1m
Median
$1.6m
Low end
$1.4m
6.1 %
Annual growth
$1.6m
Annual median sales price
$750pw
Annual median rental price
