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Sold on 05 Aug 2024 for $300,000

15 Cahill Court
Gledhow WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1811m2
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Property Details for 15 Cahill Ct, Gledhow

Building Type
Land
Land Size
1811m2
Local Government
Albany
Lot/Plan
635/P425423

Last Listing description (August 2024)

In the highly desirable new estate of Argyll Heights, less than 10 minutes' commute from Albany's CBD, these two blocks represent smart buying for developers, with the potential for good returns on investment.

The side-by-side blocks, zoned residential, both have an area of 1811sqm, allowing several options. They could be subdivided into four individual parcels or developed into complexes of up to four units. They could also be developed in tandem.'

At the elevated end of a short cul-de-sac ? one of the highest points of the entire estate ? they take in views over bushland and as far as Torndirrup National Park in the south ? an outlook that could be exploited with careful planning.

A slight slope at the front leads up to the main expanse of each block, both of which are cleared and flat, making site works straightforward and keeping costs down.

Services are at the boundary and retaining walls are in place, so the land is ready to go.

Home buyers looking for a big block near the city would also warm to the many possibilities of these properties. Expansive homes with sheds and gardens could easily be accommodated, promoting privacy and maximising the views from grand indoor and outdoor living areas and the master bedroom.

Residents at Argyll Heights enjoy proximity to amenities such as schools, major supermarkets and the coast all within a few minutes' drive, and occupants of the quality-built, contemporary neighbouring homes enjoy a quiet life with no passing traffic.

While the estate is attractive to families, it also offers much for couples and singles looking for modern amenities in a quiet location, so unit developments would have the potential for answering the demands of that competitive market.

Explore these two blocks at the top of Cahill Court and discuss the possibilities and opportunities for development with Jeremy Stewart of Merrifield Real Estate.

What you need to know:
- Two prime development blocks
- Each 1811sqm, zoned residential
- Elevated sites with views over bushland to Torndirrup National Park
- Subdivide or develop into complexes of up to four units
- Flat for building
- All services ready for connection
- Quiet cul-de-sac location
- Among quality-built new homes
- Also suit large, private homes with sheds, gardens
- Less than 10 minutes' drive to CBD
- Easy reach of good schools, supermarkets

Property History for 15 Cahill Ct, Gledhow, WA 6330

A timeline of how this property has performed in the market
Last Sold
$300,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $300,000
  • 14 Mar 2024
    Sold for $300,000
  • 21 Nov 2020
    Listed for Sale Under Offer

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About Gledhow 6330

The size of Gledhow is approximately 6.6 square kilometres. It has 2 parks covering nearly 1.1% of total area. The population of Gledhow in 2011 was 941 people. By 2016 the population was 977 showing a population growth of 3.8% in the area during that time. The predominant age group in Gledhow is 50-59 years. Households in Gledhow are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gledhow work in a trades occupation. In 2011, 77.8% of the homes in Gledhow were owner-occupied compared with 77.7% in 2016.

Gledhow has 619 properties. Over the last 5 years, Houses in Gledhow have seen a 67.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in Gledhow is $605,219 while the median value for Units is $277,892.
  • Houses have a median rent of $398.
There are currently 7 properties listed for sale, and 1 property listed for rent in Gledhow on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Gledhow.

Suburb Insights for Gledhow 6330

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Merrifield Real Estate
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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.