OFF MARKET

36 Sussex Road
Forrestfield WA 6058

Bedrooms: 6
Bathrooms: 3
Car spaces: 1
Floor area: 222m2
Land area: 787m2
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Property Details for 36 Sussex Rd, Forrestfield

36 Sussex Rd, Forrestfield is a 6 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 787m2 and floor size of 222m2.

Building Type
Unit
Year Built
1975
Floor Size
222m2
Land Size
787m2
Local Government
Kalamunda
Lot/Plan
250/P069802

Last Listing description (August 2023)

An opportunity here for the astute buyer to purchase a property with enviable development potential with minimal or any holding costs.

787 sqm property zoned R60 with well built home that has been divided into 3 separate tenancies all currently let to long term tenants.

1 x 3 bedroom Unit Street frontage

1 x 2 bedroom unit Rear home with street frontage for parking
1 x 3 bedroom unit Rear home with access off Hanover Street

Total Returns $41,860.00 PA (Gross )

Property has a right of way from neighboring Hanover Street which allows for rear access to rear dwellings and would be extremely helpful if full subdivision was applied for.

Massive opportunity for Investor to get a property paid for whilst holding to develop in area that's moving ahead and becoming more and more popular.

Property History for 36 Sussex Rd, Forrestfield, WA 6058

A timeline of how this property has performed in the market
Listed for Rent
$240/w
28 Nov 2019
  • 19 Jul 2022
    Listed for Sale Offers over $575,000
  • 29 Oct 2019
    Listed for Rent - Price not available
  • 27 Oct 2017
    Listed for Rent - Price not available
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About Forrestfield 6058

The size of Forrestfield is approximately 17.4 square kilometres. It has 22 parks covering nearly 32.4% of total area. The population of Forrestfield in 2011 was 11,811 people. By 2016 the population was 12,715 showing a population growth of 7.7% in the area during that time. The predominant age group in Forrestfield is 30-39 years. Households in Forrestfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestfield work in a trades occupation. In 2011, 73.2% of the homes in Forrestfield were owner-occupied compared with 73.3% in 2016.

Forrestfield has 6,487 properties.

    There are currently 21 properties listed for sale, and 5 properties listed for rent in Forrestfield on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Forrestfield.

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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.