Joondanna WA 6060

Sold price: $2,000,000 Sold: 04 May 2020
Sold
  • 5 Bedrooms
  • 2 Bathrooms
  • 5 Cars
  • Landsize 1,287m2
House

DEVELOPMENT OPPORTUNITY FOR UP TO FIVE SITES OR TEN APARTMENTS!!

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 12pm 18TH MARCH 2020.


My Realty Plus is excited to present this large Joondanna development site that’s been held in trust for 60 years by the original owners, now offered for the first time to the market. This is your opportunity to secure this large corner development site located within close proximity to Dog Swamp Shopping Centre, the Mezz Mt Hawthorn and 6kms from the Perth CBD.

Offered For Sale by Expressions of Interest, this property affords the astute investor the option to potentially develop a total of ten apartments or five allotments over a 1287sqm site Zoned R40 under the City of Stirling’s Local Planning Scheme No.3 with 2 street frontages in a sought after location, handy to amenities and an easy commute to the CBD

Current improvements comprise a large circa 1960’s two-storey family home offering accommodation over approx. 348sqm, including five-bedrooms and two-bathrooms with a double garage and triple carport providing the ability for a potential income stream during the holding phase of planning and development if required and offers an ideal prospect for those looking for a solid investment.

FOR SALE BY EXPRESSIONS OF INTEREST, WITH ALL WRITTEN OFFERS REQUIRED TO BE SUBMITTED PRIOR TO THE CLOSING DEADLINE OF 4pm 27th MARCH 2020.

*The Seller at all times reserves the right to consider and accept any Offer prior to the closing date.

* Dimensions and development options are offered as a guide only and is subject to council and planning approval. Potential purchasers must make their own enquires.

Lot Size: 1287sqm Approx.
Zoned R40 Local Planning Scheme No.3 - City of Stirling

For Further Details or to Arrange your Private Inspection please contact Agents:

Megan Young 0402 331 358
Zev Young 0407 782 424

Property features

  • Garages 2
  • Carports 3
  • Toilets 2

Property snapshot by reiwa.com

This Joondanna property is a five bedroom, two bathroom house sold by Megan Young and Zev Young at My Realty Plus on 04 May 2020.

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

Joondanna overview

The first of the northern suburbs which were born in the post War period of the 1940s was Joondanna. Originally named Joondanna Heights, Joondanna was chosen after the Perth Road Board launched a competition to find a suitable name in 1939. The competition was won by Mrs A Curtis of Donnybrook who suggested Joondanna as this was the name given by a Mr. Banks to his property. He is believed to have been the first settler and owner of land in the area. 

Life in Joondanna

Joondanna contains a number of small shops to cater for daily grocery needs. The largest park within the region surrounds the water tower on Roberts Street and Albert James Park also provides for passive recreation. Joondanna also contains a primary school and a home for seniors.

Joondanna quick stats

High end $938k
Median $825k
Low end $730k
13.8 %
Annual growth
$825k
Annual median sales price
$675pw
Annual median rental price

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FAQ's

The median house price in Joondanna is $825,000, the median unit price is $420,000.

The average number of selling days in Joondanna is 7 days.
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