OFF MARKET

23B Galena Way
Ferndale WA 6148

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 73m2
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Property Details for 23b Galena Way, Ferndale

23b Galena Way, Ferndale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 73m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1974
Floor Size
87m2
Land Size
73m2
Local Government
Canning
Lot/Plan
2/S005730

Last Listing description (June 2021)

To enquire, please email or call 1300 815 051 and enter code 1349

That's right you read it right - two homes on two titles will make the block size combined a whooping R20 zoned 1248sqm block. Each duplex is on a separate title and could be sold individually or as a pair. The choices are yours, live in one and lease out the other. Sounds like a good option or perhaps you have an extended family and could use the extra space or demolish and subdivide further subject to WAPC and City of Canning future schemes approvals the options are endless!

To emphasize, you can:

1) Add some personal touches to the properties, you occupy one and have your children/parents/ best mates live next door
2) Subdivide the large block such as to comply with the relevant zoning requirements, and develop and/or sell each individual block
3) Rent out each property. This amazing investment opportunity will sit nicely in your portfolio with a yield of approximately 4-4.3% (currently they are rented for $290 and$300/w respectively or $590/week combined)

Why you should buy this property:
a) Sits on a generous 1248sqm block, which is a rare find in this highly sought-after suburb
b) Situated only 13KM away from the CBD
c) Nestled in a quiet street on the border of Riverton
d) Close proximity to well reputable primary (Bannister PS) and high schools (Lynwood HS)
e) Easy access to public transport and is walking distance to a nature reserve
f) Well situated next to many amenities (Riverton Leisureplex, Riverton Forum Shopping Centre, Carousel Shopping Centre etc to name a few)
g) Close to Curtin and Murdoch University
h) Easy Access to major arterial roads (High Road, Leach Hwy, Nicholson Rd, Roe Hwy and Kwinana Freeway)

Features of each duplex:
- NO STRATA FEES
- solid double brick and tile construction, built in 1974
- 3 bedrooms and 1 bathrooms
- Living area
- Flooring a mixture of vinyl and carpet
- Single carport, but room for multiple cars
- Wall air-conditioning in one, split system in the other
- Fully insulated
- NBN and sewer are connected
- Approximately 73sqm of floor area in each half
- Large backyard but easily maintained
- Total council rates approx $2870, and water rates approx. $1820 for both.

This twin duplex being in the highly sought-after suburb of Ferndale, it represents great value for the savvy investors/Developers or the astute buyers.

Both properties are currently tenanted, viewing is by appointment only.

To enquire, please email or call 1300 815 051 and enter code 1349

Property History for 23b Galena Way, Ferndale, WA 6148

A timeline of how this property has performed in the market
Last Sold
$363,000
21 Apr 2021
Listed for Rent
$290/w
11 Jan 2018
  • 21 Apr 2021
    Sold for $363,000
  • 28 Oct 2020
    Listed for Sale UNDER CONTRACT
  • 03 Jun 2017
    Listed for Rent - Price not available
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About Ferndale 6148

The size of Ferndale is approximately 3.3 square kilometres. It has 10 parks covering nearly 50.4% of total area. The population of Ferndale in 2011 was 4,259 people. By 2016 the population was 4,329 showing a population growth of 1.6% in the area during that time. The predominant age group in Ferndale is 30-39 years. Households in Ferndale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferndale work in a professional occupation. In 2011, 73.6% of the homes in Ferndale were owner-occupied compared with 75.3% in 2016.

Ferndale has 2,207 properties.

    There are currently 7 properties listed for sale, and 2 properties listed for rent in Ferndale on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Ferndale.

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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.