35 Petaine St, Raceview is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 1322m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Raceview in the last 12 months.
Welcome to 35 Petaine Street, Raceview – a rare gem offering endless possibilities. Nestled on a sprawling 1332m2 block, this charming home boasts 3 spacious bedrooms and 1 modern bathroom, providing ample space for family living. The highlight of this property is the versatile rumpus room downstairs, perfect for creating separate living for extended family, home office, or entertainment space.
Step outside to discover a generous deck overlooking a vast backyard, ideal for hosting gatherings or enjoying serene moments with nature. The property features vehicle side access, making it easy to store boats, caravans, or additional vehicles. The expansive block not only offers an abundance of outdoor space but also presents an exciting opportunity to subdivide, catering to savvy investors or those looking to develop further.
Adding to its allure is a fully-equipped granny flat, providing additional accommodation for extended family or potential rental income. With its combination of spacious living, development potential, and versatile outdoor areas, this home is a unique offering in the heart of Raceview. Embrace the opportunity to make this exceptional property your own and explore the endless potential it holds.
For the Investor:
Current Rent: $560 Per Week
Lease End Date: 30/09/2024
Rent Appraisal: $560 - $600 Per Week
Rates: $638.05 Per Quarter (Subject to change)
Water Consumption: $204.89 Per Quarter (Subject to change)
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.
Raceview has 4,449 properties. Over the last 5 years, Houses in Raceview have seen a 94.57% increase in median value, while Units have seen a 83.56% increase. As at 31 August 2024:
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