OFF MARKET

131 Sevenoaks Street
Cannington WA 6107

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 1511m2
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Property Details for 131 Sevenoaks St, Cannington

131 Sevenoaks St, Cannington is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1958. The property has a land size of 1511m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1958
Floor Size
71m2
Land Size
1511m2
Local Government
Canning
Lot/Plan
186/P001883

Last Listing description (November 2023)

Be First to Secure This Centrally Located Block with Huge Development Potential!

Calling all builders, developers & investors!!! Set on a 1,510 sqm parcel of land, this 2 bedroom 1 bathroom home positioned between a major thoroughfare (Albany Highway) and the railway line - AND NOW is the perfect time for a savvy investor to add this to their portfolio.


Home Features and Benefits:
- Frontage (width) 20.1m, Length (depth) 75.7m/74.6m
- Zoned Centre: Residential Precinct B (R30-R60)
- Development Potential
- Lounge room with air conditioning and wood fire heating
- Both bedrooms are carpeted and completed with ceiling fans
- 2 sleep outs which could be converted into another bedroom and/or games room
- Family bathroom
- 2 water closets
- Electric stove and gas hot water system
- Powered workshop with room for two cars
- Large lock up shed to rear of property + space to store a boat or caravan
- Potential 6-lots Development Site (STCA)
- Water connected & sewer available close by
- Potential Rent of $440-$480 per week

OPTIONS abound for the savvy investor:
1. Living in or rent it out.
2. Retain existing dwelling and develop at the rear.
3. Demolish and develop full block - sell off as land or build on.

Situated in an excellent part of Cannington and sitting very close to schools, parkland area, local shops, together with great transport links to the major roads and public transport, the benefits of this property are immense.
This is an exciting opportunity to add to your portfolio that will let you reap the rewards!

For more information or for inspection arrangements, please contact Simon 0422 059 036 or Lim on 0481 091 139.

Outgoings (approximate):
Council Rate: $1,700.00 per annum
Water Rate: $404.84 per annum

Property is to be sold in an 'As Is' condition.


Distances to (approx.):
- Short walk to bus stop and Queens Park Train Station - within 600m
- Cannington Leisureplex - 1.0km
- Westfield Carousel Shopping Centre - 3.0km
- Perth Airport - 9.5km
- Perth CBD - 11km


Disclaimer:
Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Property History for 131 Sevenoaks St, Cannington, WA 6107

A timeline of how this property has performed in the market
Last Sold
$675,000
10 Sep 2023
Listed for Rent
$300/w
11 Aug 2018
  • 10 Sep 2023
    Sold for $675,000
  • 01 Sep 2023
    Listed for Sale UNDER CONTRACT l Multiple Offers Received
  • 18 Jan 2021
    Listed for Sale Offers Over $649,000
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About Cannington 6107

The size of Cannington is approximately 4.1 square kilometres. It has 21 parks covering nearly 23.2% of total area. The population of Cannington in 2011 was 5,274 people. By 2016 the population was 5,930 showing a population growth of 12.4% in the area during that time. The predominant age group in Cannington is 20-29 years. Households in Cannington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannington work in a professional occupation. In 2011, 46.7% of the homes in Cannington were owner-occupied compared with 44.8% in 2016.

Cannington has 4,139 properties. Over the last 5 years, Houses in Cannington have seen a 84.59% increase in median value, while Units have seen a 79.24% increase. As at 30 September 2024:

  • The median value for Houses in Cannington is $665,828 while the median value for Units is $524,539.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 46 properties listed for sale, and 8 properties listed for rent in Cannington on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Cannington.

Suburb Insights for Cannington 6107

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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.