SOLD
Sold on 27 Apr 2024 for $1,439,000

1/246 Broome Street
Cottesloe WA 6011

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 238m2
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Property Details for 1/246 Broome St, Cottesloe

1/246 Broome St, Cottesloe is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1955. The property has a land size of 238m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Cottesloe in the last 12 months.

Building Type
Unit
Year Built
1955
Floor Size
95m2
Land Size
238m2
Local Government
Cottesloe
Lot/Plan
5/S005505

Last Listing description (June 2024)

Auction Location: 1/246 Broome Street Cottesloe

In original condition an amazing opportunity to renovate and not only add value but to make this property your dream villa or chic investment in Cottesloe.

Iconic 1950s modernist-style apartment occupying a premium beachside location.

The largest of 4, this ground-floor dual-facing dwelling (117sqm) has a sunny vine-covered courtyard and two independent lock-up garages.

The apartment in original condition comprises 2 good sized bedrooms, a functional kitchen, two adjoining living spaces and a spacious bathroom with laundry facilities

Primely located within walking distance to excellent cafes, bars, gourmet bakeries & grocery stores, along with multiple fitness studios and leisure clubs, there's a regular bus service stopping just outside the property via North Street, while Grant Street train station is less than 20 minutes away by foot.

If you are seeking an idyllic low-maintenance lifestyle in one of Perth's most coveted beachside locations, look no further.

- North-facing exterior
- Two lock-up garages
- Secure rear access to communal garden and entrance doors
- Communal washroom, clothesline & garden
- Secure & gated complex; intercom entrance
- Wide verge set-back from Broome Street

Outgoings
Council Rates: $1,652 Approx per annum
Water Rates: $1,346 Approx per annum
Strata Rates: $1,500 Approx per annum

Auction Terms
Deposit: $50,000 on the fall of the hammer
Settlement:30/60 days at the buyers nomination

Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

Property History for 1/246 Broome St, Cottesloe, WA 6011

A timeline of how this property has performed in the market
Last Sold
$1,439,000
27 Apr 2024
Listed for Rent
$895/w
01 Mar 2024
  • 27 Apr 2024
    Sold for $1,439,000
  • 27 Mar 2024
    Listed for Sale Sold Under The Hammer
  • 21 Feb 2024
    Listed for Rent $895 / week
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About Cottesloe 6011

The size of Cottesloe is approximately 3.9 square kilometres. It has 11 parks covering nearly 21.9% of total area. The population of Cottesloe in 2011 was 7,399 people. By 2016 the population was 7,389 showing a population decline of 0.1% in the area during that time. The predominant age group in Cottesloe is 50-59 years. Households in Cottesloe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cottesloe work in a professional occupation. In 2011, 65.8% of the homes in Cottesloe were owner-occupied compared with 68.6% in 2016.

Cottesloe has 4,058 properties. Over the last 5 years, Houses in Cottesloe have seen a 81.24% increase in median value, while Units have seen a 75.37% increase. As at 31 October 2024:

  • The median value for Houses in Cottesloe is $3,188,208 while the median value for Units is $1,208,631.
  • Houses have a median rent of $1,350 while Units have a median rent of $750.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Cottesloe on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Cottesloe.

Suburb Insights for Cottesloe 6011

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Hannah Tallon
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Richard Young
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Caporn Young Estate Agents Pty Ltd
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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.