Sold
Nedlands WA 6009
Sold price: $2,600,000
Sold: 24 Dec 2021
Sold
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Landsize 923m2
Land
CORNER R 160 BLOCK
923sqm of Prime Land, Approx. 20.12m x 45.87m
An incredible opportunity awaits the astute developer with this brilliantly located corner block in the heart of Nedlands, currently with two homes on the land collecting a combined rent of $950 per week.
There are multiple options available to redevelop the site including, potential to subdivide into multiple lots of land, or consider the option to create an exclusive development of townhouses or a number of homes on their own green title lots. There is also the opportunity to build apartments to 5 levels. (Subject to approvals from the relevant authorities).
Conveniently located close to the fabulous Taylor Rd IGA, UWA, the proposed Nedlands Square shopping complex, public and private hospitals, excellent schools, Claremont Quarter and walking distance to public transport.
Easy access to the CBD, river and beach.
Call Danielle for more information 0412 176 047.
Property features
Listing snapshot by reiwa.com
This land listing located in Nedlands was sold by Danielle Diffen at Edison McGrath.
If you would like to get in touch with Danielle Diffen regarding this property, please call 0412 176 047 or contact the agent via email.
Cost breakdown
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Water rates: $2,351 / year
Nedlands overview
Nedlands is an inner-western suburb of Perth. It has a diverse mixture of housing with low-cost dwellings provided for students of the neighbouring University of Western Australia and wealthy homes in the southern sector of the suburb. There is also a significant commercial sector along both sides of Stirling Highway.
Life in Nedlands
Home to some of the finest medical facilities in the state, such as one of Perth's major public hospitals Sir Charles Gairdner Hospital, Nedlands has plenty to offer its residents. Recreation facilities are in abundance with tennis courts, sports clubs, parks, ovals, a yacht club and a golf club all available. Other major features of the suburb include the Lions Eye Institute and Hollywood Private Hospital.
Nedlands quick stats
High end
$2.7m
Median
$2.3m
Low end
$1.8m
17.7 %
Annual growth
$2.3m
Annual median sales price
$1,050pw
Annual median rental price
