OFF MARKET

77 Richards Road
Buller WA 6532

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 144m2
Land area: 116135m2
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Property Details for 77 Richards Rd, Buller

77 Richards Rd, Buller is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 116135m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in May 2012.

Building Type
House
Year Built
2006
Floor Size
144m2
Land Size
116135m2
Local Government
Chapman Valley
Lot/Plan
4/P015501

Last Listing description (November 2015)

This property has so many WOW FACTORS do yourself a favour and read this spiel and look through the photos of the property and residence to be amazed!
Located on the North side of town just two minutes from Drummond Cove Beach, 77 Richards Road is the ideal property for a buyer who wants a secluded country style hideaway with the future potential to develop the property into some of the most sought after one acre lifestyle lots Geraldton has to offer.
The main residence features;

* A significant chef style kitchen, stylishly appointed with space aplenty.
* Enormous Master Suite with large walk through his and her robes and separate spa.
* Wrap around wooden balconies with absolutely unrestricted views to the ocean.
* Quality fixtures and workmanship in all areas of construction.
The current owner has approval to subdivide this property into four separate land holdings via the Western Australian Planning Commission - In the current planning scheme there is a provision for application to be made on 77 Richards Road to sub-divide into lots of 1 acre which would allow for a much higher lot yield for a budding first time or astute investor.
The ever successful Wokarena Heights Estate 'replica land holding 200m away was developed under this zoning and saw an average sale price achieved in the vicinity of $200,000 per one acre lot.
The mind boggles with the plethora of separate future development options this site holds.
There is a significant opportunity to even develop a handful of lots to get some money back and be left with a sizeable landholding with a home at a significantly reduced price.
A major benefit in developing in this area under the current zoning is that you do not require deep sewerage to be connected and you will not be required to undertake retaining; so your cost of producing the lots can in affect be much lower than standard residential subdivisions.
This is a must view when looking for larger acreage properties with significant ocean views so please contact Joel Winkley on 0417 977 593 or email joel.winkley@raywhite.com to discuss your options further.

Property History for 77 Richards Rd, Buller, WA 6532

A timeline of how this property has performed in the market
Last Sold
$970,000
15 May 2012
  • 09 Jul 2015
    Listed for Sale $1,250,000
  • 15 May 2012
    Sold for $970,000
  • 09 Apr 2011
    Listed for Sale $995,000
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About Buller 6532

The size of Buller is approximately 7 square kilometres. The population of Buller in 2011 was 355 people. By 2016 the population was 115 showing a population decline of 67.6% in the area during that time. The predominant age group in Buller is 30-39 years. Households in Buller are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buller work in a trades occupation. In 2011, 75.8% of the homes in Buller were owner-occupied compared with 90% in 2016..

Buller has 110 properties. Over the last 5 years, Houses in Buller have seen a 66.22% increase in median value. As at 31 July 2024:

  • The median value for Houses in Buller is $750,409.
There are currently 5 properties listed for sale, and no properties listed for rent in Buller on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Buller.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.