15 The Avenue Crawley WA 6009
Property Details for 15 The Avenue, Crawley
15 The Avenue, Crawley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1012m2.
Last Listing description (November 2021)
Strategically located on 1012m2 of prime riverside real estate, this 1960's block of 8 apartments offers the prudent buyer with an eye for quality and a true multitude of options in one of Perth's premier Blue Chip locations.
The block of 6 x 1 Bedroom (48m2 to 53m2) and 2 x 2 Bedroom (58m2 to 63m2) apartments are already strata titled, offering immediate upside potential and feasibility.
All apartments are well presented and feature parquetry flooring, balconies, and built to last! With undercover parking and glorious leafy surrounds, these apartments are constantly sought out by UWA students and medical staff of SCGH and Hollywood Hospital.
Whilst the property is in such a dynamic location, it also leads itself to further options being a corner location with development potential under the current scheme to build up to 3 storeys with a 0.7 to 1.0 plot ratio, or maybe subdivide into building blocks with their own street frontage.
With a significant increase due in rents at the end of March, this property offers so many possibilities.
- Refurbish and hold long term
- Revamp and rent as short term accommodation
- Ideal for multi family ownership
- Sell off individually
- Capitalise on redevelopment
- Completely redevelop and hold long term
If you are looking to secure your future, look no further than this golden opportunity
Contact Mark Hay on 0418 953 742 now!
Property History for 15 The Avenue, Crawley, WA 6009
- 23 Feb 2021Listed for Sale Expressions of Interest
- 20 Jul 2020Listed for Rent $230 / week
- 19 Dec 2019Listed for Rent $295 / week
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About Crawley 6009
The size of Crawley is approximately 1.4 square kilometres. It has 4 parks covering nearly 21.9% of total area. The population of Crawley in 2011 was 3,106 people. By 2016 the population was 4,083 showing a population growth of 31.5% in the area during that time. The predominant age group in Crawley is 20-29 years. Households in Crawley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Crawley work in a professional occupation. In 2011, 34.3% of the homes in Crawley were owner-occupied compared with 32.9% in 2016.
Crawley has 1,546 properties. Over the last 5 years, Houses in Crawley have seen a 22.93% increase in median value, while Units have seen a 71.94% increase. As at 31 December 2024:
- The median value for Houses in Crawley is $1,421,283 while the median value for Units is $904,169.
- Houses have a median rent of $600 while Units have a median rent of $600.
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