69 & 69A Sorrento Street, North Beach WA 6020

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.