Sold
8 Streatham St, Beckenham WA 6107
Sold price: $590,000
Sold: 16 Feb 2023
Sold
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5 Bedrooms
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1 Bathroom
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4 Cars
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Landsize 829m2
House
View
5 Bedrooms with Development Potential - R20/R60
Ray White Cannington is excited to present this awesome investment with high land value content for redevelopment close to Beckenham train station.
Set up for rent by room accommodation this 5 bedroom home is ready to demolish and redevelop and is being sold as inspected as the seller is not in a position to repair and maintain the property further.
Some maintenance and repairs are required if wishing to continue renting, however we are selling "as inspected" at land value only.
We will provide electrical and smoke detector compliance for the buyer wishing to continue renting for the time being.
LAND OPTIONS
- Set on 829 square metres of land zoned R20/R60
- Bulldoze the original home and you have a potential for 4 or possibly 5 unit development site at R60
- Retain existing home and build behind
- Both options are subject to Council approval
HOUSE
On offer is a five bedroom one bathroom home. Set up for investors who are looking to develop the land in the future with rent by room accommodation close to the train station.
Features Include:
- kitchen with electric appliances and abundance of storage
- Very large L shaped living area comprising of dining, lounge with enough space to have casual meals, study or games room - the options are endless
- Two large bedrooms
- Three medium sized bedrooms
- Walk through laundry to bathroom, which features hand basin and separate w/c
- Bathroom featuring shower over bath, vanity
- 26 Solar power inverter panel system
- Working pot belly fire place
- Covered patio area, and a large rear storage shed.
- Presently returning $520 per week gross - with only 4 bedrooms leased
Development Land is becoming scarce so investing in your future with high land value property is your assurance of capital growth to build equity.
Act fast and view by appointment today !
Property features
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Garages
2
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Carports
2
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Toilets
1
Property snapshot by reiwa.com
This property at 8 Streatham St, Beckenham is a five bedroom, one bathroom house sold by Michael Smart at Ray White Cannington on 16 Feb 2023.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Beckenham or see other recently sold properties in Beckenham.
Cost breakdown
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Council rates: $1,700 / year
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Water rates: $1,129 / year
Nearby schools
Beckenham overview
Bordered by major roads like Albany Highway, the Kenwick Link and Roe Highway, the suburb of Beckenham has undergone significant urbanisation in recent years. Part of the City of Gosnells and just 13 kilometres from Perth, Beckenham enjoys access to recreational facilities, parks and playgrounds, providing an attractive lifestyle for people who crave suburban life in an urban environment.
Life in Beckenham
Residents will relish walking through the Mills Park Reserve and taking their children to the Mills Park Playground. Other notable features of the suburb include the local school, Beckenham Primary School, and the Beckenham Train Station, which connects to the Armadale line. The centrally located Beckenham Community Centre provides a general space for both regular and casual hire, while the Langford Sporting Complex nearby will satisfy athletic requirements.
Beckenham quick stats
High end
$725k
Median
$650k
Low end
$565k
28.7 %
Annual growth
$650k
Annual median sales price
$650pw
Annual median rental price
