Floreat WA 6014

Sold price: $1,550,000 Sold: 22 Jul 2023
Sold
  • 4 Bedrooms
  • 1 Bathroom
  • 2 Cars
  • Landsize 1,176m2
House

POTENTIAL GALORE

CONTACT LEANNE O'LEARY FOR PRIVATE VIEWING

Introducing a remarkable opportunity in the highly sought-after suburb of Floreat. This expansive property, boasting one of the largest landholdings in the area at 1,176 square meters, presents endless possibilities for buyers seeking a prime investment or development prospect.

Located on a corner block with two street frontages, this parcel of land enjoys a coveted north-to-rear orientation, providing an abundance of natural light and a desirable backyard setting. With a flat landscape, you'll have the advantage of no hidden site costs when planning your future endeavours.

Currently occupying the land is a neat and liveable 1950s home offering four bedrooms, providing ample accommodation for a growing family. The family/dining room showcases north-facing glass doors and windows, opening to an undercover patio, perfect for entertaining or enjoying alfresco meals. The original kitchen, though functional, offers a nostalgic charm and features a family-friendly meals area. Adding to the vintage allure, the bathroom boasts original baby blue mosaic tiles and a matching art deco-style basin and pedestal.

Parking will never be an issue, as the property boasts a spacious garage and a carport, providing ample space for vehicles and additional toys. The expansive backyard offers plenty of room for children to play, creating endless memories in a safe and secure environment.

Positioned just a stone's throw away from beautiful Grantham Park, residents can enjoy easy access to green spaces and recreational activities. The popular Herdsman Growers Market, public transport options, and a variety of eateries in Wembley and Floreat are all within a short stroll, ensuring convenience at your doorstep.

This property presents an ideal entry point into the high-demand suburb of Floreat, offering potential buyers the opportunity to renovate the existing home to suit their vision or capitalise on its rental potential while planning their dream residence. Developers may also be enticed by the concept of land banking, securing this generous landholding for potential future redevelopment, should the current zoning be revised.

Don't miss out on this extraordinary opportunity to secure a prime property in Floreat. For more details contact your Area Specialist - Leanne O’Leary at 0408 951 839.

THE BRIEF:
• 1,176 sqm land holding
• 1950s home – neat and liveable
• North orientated backyard
• Living, dining opening to backyard
• Original kitchen with meals area
• Four bedrooms
• Original bathroom with separate shower and bath
• Ducted air-conditioning
• Large lock up garage and carport
• Bore reticulated
• Floreat Park Primary School and Churchlands Senior High School Catchments

THE DETAILS:
• Shire Rates – $1,878.75 pa
• Water Rates - $1,490.10 pa
• Local Authority – Town of Cambridge
• Zoning – Residential 12.5

Property features

  • Garages 1
  • Carports 1

Property snapshot by reiwa.com

This Floreat property is a four bedroom, one bathroom house sold by Leanne O'Leary at Area Specialist PTY LTD on 22 Jul 2023.

Looking to buy a similar property in the area? View other four bedroom properties for sale in Floreat or see other recently sold properties in Floreat.

Floreat overview

Floreat is an inner-western suburb of Perth just seven kilometres from Perth City. Floreat provides a beautiful suburban environment for its residents close to inner-city hubs. Properties in Floreat are characterised by their modern architecture.

Life in Floreat

A range of sporting facilities like the Western Australian Athletics Stadium, the headquarters of Rugby WA and Floreat Oval are a highlight of Floreat, which also has facilities for tennis, lawn bowls and basketball.

The suburb's retail requirements are met by the Floreat Forum Shopping Centre, which has a range of cafes and eateries and is home to The Floreat Hotel, a popular local pub and bistro. The local educational facilities are Floreat Park Primary School and Newman College.

Floreat quick stats

High end $2.5m
Median $2.0m
Low end $1.7m
17.1 %
Annual growth
$2.0m
Annual median sales price
$1,000pw
Annual median rental price

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FAQ's

The average number of selling days in Floreat is 14 days.

The median house price in Floreat is $2,000,000, the median unit price is $862,500.

This property in Floreat is a 4 bedroom, 1 bathroom house.
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