325 Kew Street, Cloverdale, WA, 6105

Sold

Property Summary

  • 4
  • 1
  • 0
Type Residential Sale
Price Undisclosed
Suburb Cloverdale
Property Type House
Sold At 31/10/2019
Council Rates $1,471 per year
Water Rates $1,097 per year

Property Tools

SOLD......by Ross Kretschmar

971sqm duplex block zoned R20.
If you want to produce capital gains immediately then this may be the property for you.
Subdivide the property in a battleaxe configuration & sell both the existing house which can be kept "as is" & the created block at rear.

Wide 24.14 metre frontage also lends itself to creating two street front blocks of 485sqm each,to sell or build upon.1st home buyers have been extremely active in the past few months (low interest rates,rental vacancy rate falling,rents increasing) to secure building blocks, because most 1st home buyers in 2019 want a new home.Makes sense to me.

Awesome investment to buy and hold, or quick turnover.An astute buyer nearing retirement may see this as a great opportunity, build at the rear for future income & sell off the older front house........or keep BOTH!!!


Subject to an application being approved by relevant authorities.Under the Residential Codes of Western Australia, both above examples are achievable.



* Double brick and tile
* Four bedrooms, games room, study
* Large workshop at rear with brick garden shed as well
* Three wall mounted air conditioners
* Three bedrooms with built in robes
* Renovated bathroom with shower/bath, 2 toilets
* Instantaneous gas hot water system
* Close to large parklands, Belmont Forum and schools
* This is land value only,has to be a great buy!!!

Make an Enquiry

Ross Kretschmar

Ross Kretschmar

P: 08 9270 7200

M: 0418907515

F: (08) 9270 7222

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