SOLD
RECENT ADVICE
Sold on 05 Aug 2024 for $4,250,000

18 Palana Road
City Beach WA 6015

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 389m2
Land area: 809m2
Sold By
Vangelis Katsaitis
Excellence Property Specialists
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Property Details for 18 Palana Rd, City Beach

18 Palana Rd, City Beach is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 809m2 and floor size of 389m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in City Beach in the last 12 months.

Building Type
House
Year Built
1964
Floor Size
389m2
Land Size
809m2
Local Government
Cambridge
Lot/Plan
387/P007257

Last Listing description (November 2024)

IN ALL CITY BEACH, IT IS THE ONLY HOUSE WITH AN OPEN 180 OCEAN HORIZON WHILE POSITIONED LESS THAN 300 METRES FROM THE MAIN BEACH PRECINCT!

NO DUE DATE IS SET FOR THIS PROPERTY'S SALE, AND IT MAY SELL ANYTIME WITHOUT PRIOR NOTICE BY THE AGENT OR THE SELLER.

IT WILL SELL FAST!

Offer yourself a combination of never-seen-before vistas, from the Bold Park treetops and the cranes of Fremantle Port to the Rendezvous Hotel in Scarborough, while Rottnest is almost part of your courtyard!
This is a golden piece of real estate with features that set it apart from any other property!

The Property
- A property with unbelievable elevation specifications:
A driveway taking you 2 metres above the street level...
The ground floor of the house sitting 5 metres above the street...
The top floor built 44 metres above sea level, securing ETERNAL VIEWS of the Indian Ocean panorama for today and for many - many years ahead...
- A perfectly symmetrical rectangle landholding of 20.1 X 40.2 metres with all of its angles equal!
- 2 doors away from the ocean side of Windarra Dr., however, with ocean and Bold Park vistas that no other houses in the area will ever have!
- A house engineered and built to be as solid as a fortress and to withstand the elements and the weather while standing proud on the top of the hill facing the infinity of the skyline and the vastness of the Indian Ocean
- More than 390 m of total living space on the two levels of the residence, leading to more than 70 m of balconies pointing West to the ocean panorama
- A substantial 55 m family room highlighted by the woodfire heater and the massive windows from floor to ceiling that invite the Northern light and provide views to the most exquisite and private garden: A combination of well-grown and productive fruit trees shape the unique landscape of your private orchard, forming a colourful palette with the shrubs: tuarts, mallees, Tipuana tree, Genoa Fig, lime, orange and mandarin trees, Feijoa, mulberry, avocado, hakea trees, and a golden rain tree. All this "garden festival" of colours and bird sounds, accompanies the pond with the koi fish, a symbol of luck, prosperity, and good fortune.
- Precious jarrah floors all around and extra high ceilings complete the ensemble of comfort and class that define the level of living in this irreplaceable home

The Location
A City Beach pocket that combines a plethora of advantages and privileges:
- 240 m. from City Beach Primary School, the Japanese school in Perth and in the catchment area for Shenton College
- Five doors away from West Coast Highway, the City Beach Oval, the main beach, and the beach restaurants.
- Two streets away from the vastness of the 1,080 acres of Bold Park with over 15 km of walking trails and ten different lookouts

The Opportunity
This residence's elevation makes the whole property unique and impossible to replicate. Overall, no other house in City Beach has this level of views while positioned so close to the main beach, across the oval, and the Life Savers' Club.

18 Palana is an irreplaceable and unparalleled City Beach real estate for those who appreciate and know how to pick only the best in life!

NO DUE DATE IS SET FOR THE PROPERTY'S SALE, AND IT MAY SELL ANYTIME WITHOUT PRIOR NOTICE BY THE AGENT OR THE SELLER.

IT WILL SELL FAST!

(Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent)

Property History for 18 Palana Rd, City Beach, WA 6015

A timeline of how this property has performed in the market
Last Sold
$4,250,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $4,250,000
  • 02 Aug 2024
    Listed for Sale UNDER CONTRACT by Vangelis
  • 14 Aug 1998
    Sold for $530,000

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About City Beach 6015

The size of City Beach is approximately 10 square kilometres. It has 27 parks covering nearly 54% of total area. The population of City Beach in 2011 was 6,356 people. By 2016 the population was 6,641 showing a population growth of 4.5% in the area during that time. The predominant age group in City Beach is 10-19 years. Households in City Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in City Beach work in a professional occupation. In 2011, 79.9% of the homes in City Beach were owner-occupied compared with 80.6% in 2016.

City Beach has 2,513 properties. Over the last 5 years, Houses in City Beach have seen a 82.84% increase in median value, while Units have seen a 90.02% increase. As at 31 October 2024:

  • The median value for Houses in City Beach is $2,908,671 while the median value for Units is $1,638,250.
  • Houses have a median rent of $1,400 while Units have a median rent of $915.
There are currently 31 properties listed for sale, and 1 property listed for rent in City beach on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in City beach.

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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.