FOR SALE
UNDER OFFER - All offers by 29 July

6 Melissa Street
Duncraig WA 6023

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 684m2
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Exceptional opportunity!

Nestled in a highly sought-after location, where the convenience of nearby shops seamlessly blends with the tranquillity of lush parklands, lies an exceptional opportunity waiting for the discerning investor or visionary developer. This property, featuring a charming 3-bedroom, 1-bathroom residence on a subdividable lot, epitomises versatility and boundless potential.
Zoned R40, this property is a blank canvas ready for transformation. Imagine breathing new life into the existing home with meticulous renovation and restoration efforts, bringing it back to its former glory.
Alternatively, indulge in the dream of crafting two exquisite homes, each embodying contemporary luxury and architectural finesse. For those with grander visions, the option to subdivide the lot into three distinct parcels promises even greater value and opportunity.
Currently leased until November 11, 2024, at $500 per week, this property not only provides immediate income for investors but also offers a strategic advantage for developers, ensuring a steady revenue stream to offset costs during the development approval process.
All development plans are, of course, subject to approval from the local council and the WA Planning Authority (WAPC), ensuring compliance and adherence to regulations.
Step inside the existing residence, and you'll find a harmonious blend of comfort and functionality. Three generously sized bedrooms offer ample space for relaxation, while a practical bathroom caters to modern needs. The heart of the home, a functional kitchen, serves as a hub for culinary creativity and social gatherings.
Comfort is guaranteed with year-round air conditioning. Outdoors, a delightful retreat awaits your enjoyment, with an undercover alfresco area perfect for leisurely afternoons in the sunshine.
Embrace the opportunity to embark on a journey of transformation and prosperity with this exceptional property. Seize the chance to capitalise on this versatile asset, where potential and profit converge.
Ideally situated close to Duncraig Senior School, St. Stephens, and Duncraig Primary School.
** All offers are to be presented by 4 pm on Monday, July 29th, however, the sellers reserve the right to accept an offer without notice. **
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Property Details for 6 Melissa St, Duncraig

6 Melissa St, Duncraig is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 684m2. The place is currently for sale with The Property Project Perth.

Building Type
House
Land Size
684m2

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About Duncraig 6023

The size of Duncraig is approximately 7.7 square kilometres. It has 29 parks covering nearly 13.7% of total area. The population of Duncraig in 2011 was 15,024 people. By 2016 the population was 15,272 showing a population growth of 1.7% in the area during that time. The predominant age group in Duncraig is 40-49 years. Households in Duncraig are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Duncraig work in a professional occupation. In 2011, 85% of the homes in Duncraig were owner-occupied compared with 85.9% in 2016.

Duncraig has 6,467 properties. Over the last 5 years, Houses in Duncraig have seen a 80.95% increase in median value, while Units have seen a 63.93% increase. As at 31 July 2024:

  • The median value for Houses in Duncraig is $1,178,003 while the median value for Units is $628,915.
  • Houses have a median rent of $773 while Units have a median rent of $610.
There are currently 33 properties listed for sale, and 4 properties listed for rent in Duncraig on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Duncraig.

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Carl Casilli
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