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Exciting investment opportunity with endless potential
Are you seeking a property brimming with potential! This spacious home, featuring 3 bedrooms and 2 bathrooms, is situated on a generous 892-square-meter block with R20 zoning and ripe for a subdivision. Conveniently located, it offers easy access to amenities, schools, and transportation.
The property's key attraction lies in its substantial size, allowing for various development options or the creation of a dream home. With R20 zoning, the prospect of subdivision adds an extra layer of investment allure.
Despite its current state requiring some tender loving care (TLC), this property is a hidden gem waiting to be unearthed. A bit of attention can breathe new life into this space, transforming it into the ideal home or a lucrative investment project.
Pictures capture only a fraction of the story. Arrange a viewing to fully grasp the potential and visualize the possibilities that this property holds, this is an opportunity not to be missed.
To explore this property and delve into the possibilities it offers, contact Greg on 0407 466 502. Act now to secure a property with promising potential and turn your real estate aspirations into reality.
Property features
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Air conditioned
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Gas connected
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Carports
2
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Floor area
128m2
Property snapshot by reiwa.com
This property at 75 Newton Street, Spearwood is a three bedroom, two bathroom house sold by Greg Chapman at Acton | Belle Property Coogee on 06 Feb 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Spearwood or see other recently sold properties in Spearwood.
Cost breakdown
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Council rates: $1,907 / year
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Water rates: $1,093 / year
Nearby schools
Spearwood overview
Spearwood is a large suburb within the City of Cockburn situated 19 kilometres from Perth. It is bound by Phoenix Road to the north, Stock Road to the east, Rockingham Road to the south and Cockburn Road to the west.
Life in Spearwood
Spearwood is a self-sufficient suburb that features a major shopping centre, a thriving commercial sector, three primary schools and numerous recreational facilities. Also in the area is Manning Park and Lake, which offers locals a picturesque slice of nature to soak up with walking trails to explore and enjoy.
Spearwood quick stats
High end
$745k
Median
$625k
Low end
$530k
11.6 %
Annual growth
$625k
Annual median sales price
$650pw
Annual median rental price
