OFF MARKET

11 Pearse Street
Cottesloe WA 6011

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 196m2
Land area: 1181m2
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Last updated 16 Dec 2024
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Property Details for 11 Pearse St, Cottesloe

11 Pearse St, Cottesloe is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 1181m2 and floor size of 196m2.

Building Type
House
Year Built
1925
Floor Size
196m2
Land Size
1181m2
Local Government
Cottesloe
Lot/Plan
6/P003392

Last Listing description (December 2024)

* Open to View by Appointment, please call to arrange a time. 'WA's One & Only' This could be regarded as the finest landholding along the entire WA coastline. The property is being offered for sale by 'expressions of interest' for the first time in nearly six decades. 11 Pearse Street is zoned R30 and is set on 1,181sqm, with a rear R.O.W. allowing a full 26 metres of views from each level over the Seaview Golf Course, Cottesloe Beach, Rottnest Island and as far north as the eye can see. Located on one of Cottesloe's most desired and sought-after streets, the large corner, north facing block has the views and the sun drenched lifestyle protected from the prevailing southwest elements. The zoning allows for significant redevelopment opportunities, yet for those seeking a landholding of nearly 1,200sqm virtually on the beach - this is the rarest of opportunities. In Cottesloe, there are currently just 49 residential properties over 1,100sqm. Of that, there are only two that are north-facing, with ocean and parkland views, and with R.O.W. rear access. One of these properties has a dream home already built, while the other is a blank canvas that is now being offered for sale. While the original and modest "farmer's seaside abode" still stands on the block, the property is being sold as land value. With subdivision potential, the buyer also has the option of splitting the land up into two, three or four blocks. There may well also be the opportunity for two buyers to independently acquire approximately 600sqm of the whole landholding, for two new oceanside residences. The property has a remarkable history and was last sold in 1966, when purchased by Wheatbelt farmer John Arrow and his wife Fleur. The family has one of the strongest links to the suburb with Fleur's father, Cecil Harvey who served on the local council for 40 years and as Cottesloe mayor from 1961 to 1974, having the fields (virtually across the road) being named in honour of his contribution. Along with the recognition and naming of Harvey Field, there is a soon to be commissioned memorial for Fleur Arrow which will be added to the recently completed club rooms at the football oval next to Harvey Field. The successful buyer/s will be fortunate enough to secure what is recognised as the 'perfect' beachside property WA has to offer. And no matter what price it transacts for - it will instantly and immediately increase in value as the opportunity to acquire it will be lost. Once it is 'gone' it's priceless. Lot dimensions (approximates): Pearse St frontage - 26m Avonmore Tce - 45m Total area - 1,181sqm Please contact Justin Davies 0419 909 350 or Kylie Mann 0413 079 823 for more details and viewing times.

Property History for 11 Pearse St, Cottesloe, WA 6011

A timeline of how this property has performed in the market
  • 20 Sep 2024
    Listed for Sale Contact Agent

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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 4,067 properties. Over the last 5 years, Houses in Cottesloe have seen a 77.56% increase in median value, while Units have seen a 76.57% increase. As at 30 November 2024:

  • The median value for Houses in Cottesloe is $3,157,508 while the median value for Units is $1,233,031.
  • Houses have a median rent of $1,300 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Cottesloe on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Cottesloe.

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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.