8 Kennerly St, Cloverdale is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1964. The property has a land size of 911m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
This large 911 sq mtr property, zoned R20/40 Low-Med density residential, with an existing 1964 built 3 x 1 home, set on a uniquely elevated position in Cloverdale, with City views, is any Developer's dream!
Close to some of Perth's major family attractions, such as the beautiful Swan River, an array of wonderful Children's Playgrounds to choose from, Optus Stadium, Matagarup Bridge, Crown Resort and within a short drive to the CBD hub of our wonderful Perth City. The location provides quick & easy access to major arterial roads such as Graham Farmer Freeway, Orrong Rd, Tonkin Highway, Great Eastern Highway, Leach Highway and the forthcoming neighbouring DA6 Precinct. The potential to maximise returns is exceptional.
The existing 1964 brick & tile home has been tenanted for some time, now vacated, ready for sale and is 111 sq mtrs, has 3 bedrooms, 1 bathroom, loungeroom, open fireplace, dining room, kitchen and wooden floors throughout. (These will restore well, if keeping the home.)
The home needs TLC to be brought back to its former glory, however the outstanding story here is the rare and magnificent, elevated 911 sq mtr block, which has room for 3 medium size or 4 modest size group dwelling units or an 8 unit multiple dwelling apartment complex, the latter which has already been successfully achieved, on exactly the same size blocks, 2 doors apart, either side.
NOTE: Frontage is 18.1 mtrs x 50.29 mtrs in depth.
IMPORTANT NOTE: On 24/4/2018, the Owners had the foresight to apply for Subdivision Approval from WAPC. This was granted "Subject to Condition(s) - Freehold (Green Title) Subdivision" and is valid until 20/7/2023.
Refer also: "Surveyor's Plan, supporting application for Subdivision," visible within 'Documents.'
Be the first to see this and get in quick to capitalise on this genuinely exciting opportunity and realise an excellent return on your investment in buoyant times.
Close to key locations:
- 1.1 klms to Belmont Forum Shopping Centre
- 450 mtrs to Belgravia Medical Centre
- 6.4 klms to Perth Domestic Airport
- 6.8 klms to International A'Port
- 6.3 klms to Crown Resort Perth
- 10.4 klms to Perth CBD
- 7.2 klms to Optus Stadium
- 14.1 klms to Kings Park & Botanic Gardens
- 26 Mins drive (ref: google maps) to the beautiful & historic Swan Valley, where superb wine & great restaurants beckon
- 14.9 klms to Hillview Golf Course
- 10.2 klms to Royal Perth Hospital
Current Outgoings:
Council Rates: $1,504 pa
Water Rates: $1,134 pa
The size of Cloverdale is approximately 3.9 square kilometres. It has 14 parks covering nearly 12.7% of total area. The population of Cloverdale in 2011 was 7,272 people. By 2016 the population was 8,073 showing a population growth of 11.0% in the area during that time. The predominant age group in Cloverdale is 20-29 years. Households in Cloverdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cloverdale work in a trades occupation. In 2011, 59.9% of the homes in Cloverdale were owner-occupied compared with 56.9% in 2016.
Cloverdale has 4,633 properties.
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