26 Morris RoadInnaloo WA 6018
Property Details for 26 Morris Rd, Innaloo
26 Morris Rd, Innaloo is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1188m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Innaloo in the last 12 months.
Last Listing description (May 2024)
A rare opportunity in real-estate investment, this unique property boasts not one, but two homes on a single title, offering both immediate rental income and exciting development potential at the very same time.Zoned R40 and positioned on a coveted 1,188sqm (approx.) corner lot, this exciting development site is a gem in today's market. Corner blocks of this calibre are exceptionally scarce, making this "double delight" all the more enticing. With two tenants already in place and generating a combined holding income of $4600 per month, you can enjoy steady returns while you navigate the development approval process. One residence is a spacious 4 bedroom 2 bathroom family home with a swimming pool, study and multiple living areas, whilst the other is a practical 3 bed 2 bath abode with plenty of upside.Only walking distance away at the bottom of the second street frontage lies the sprawling Birralee Reserve, with the excellent Morris Place shopping precinct (and Morris Fresh IGA supermarket) and The Saint George Hotel just a short stroll in the opposite direction. The likes of bus stops, Yuluma Primary School, St Dominic's Primary School, community sporting facilities, the freeway, Stirling Train Station, Westfield Innaloo Shopping Centre, the stunning Karrinyup Shopping Centre revamp, picturesque Lake Gwelup, cafes, restaurants and the new-look Scarborough Beach foreshore are all just a matter of minutes away too, for good measure. An ultra-convenient location beckons, no matter what you decide. Whether you're an astute investor or a developer seeking your next big project, this prime property provides the perfect blend of possibilities and reaping the rewards. The chance to secure your future has never been better!ALL OFFERS ACCEPTED BY 5PM ON MONDAY, MARCH 4th 2024GENERAL FEATURES:- Massive corner development site- R40 zoning- Two homes on one title- Both tenanted properties- Holding income of $4,600/per month- A rare find in today's market- Reap the rewards while you wait for your development approval26 MORRIS ROAD:- 4x2 corner home- Outdoor patio-entertaining area- Swimming pool, with a shade sail- Huge front activity room with a built-in bar and alfresco access- Front family room- Study- Central open-plan living, dining and kitchen area- Large master-bedroom suite with its own intimate patio - or "parents' retreat"- Private master-ensuite bathroom with a shower, toilet and twin "his and hers" vanities- 2nd/3rd/4th bedrooms with built-in robes- Separate bath and shower in the main family bathroom- Separate laundry with a linen cupboard and outdoor access for drying- Internal (off the laundry) and external powder rooms- Backyard deck- Two (2) storage/garden sheds- Cubby house for the kids- Single carport26B MORRIS ROAD:- 3x2 home- Leafy frontage- Paved and gated front entertaining courtyard, under the trees- Welcoming front games room with dual entry-verandah access- Large carpeted front master-bedroom suite with a WIR- Private master-ensuite bathroom with a shower, vanity and separate toilet- Tiled open-plan living, dining and kitchen area with an island breakfast bar- Carpeted 2nd/3rd bedrooms with BIR's- Separate bath and shower to the main bathroom- 3rd bedroom with semi-ensuite access into the main bathroom- Functional aundry with a separate 2nd toilet- Linen cupboard- Ducted air-conditioning- Security doors- Gas hot-water system- External storeroom- Double lock-up carportCouncil Rates - $3,956 per annumWater Rates - $2,894 per annum
Property History for 26 Morris Rd, Innaloo, WA 6018
- 06 Mar 2024Sold for $1,475,000
- 13 Feb 2024Listed for Sale $1,475,000
- 01 Feb 1996Sold for $202,000
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About Innaloo 6018
The size of Innaloo is approximately 3.2 square kilometres. It has 11 parks covering nearly 7.1% of total area. The population of Innaloo in 2011 was 7,647 people. By 2016 the population was 8,250 showing a population growth of 7.9% in the area during that time. The predominant age group in Innaloo is 30-39 years. Households in Innaloo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Innaloo work in a professional occupation. In 2011, 57.3% of the homes in Innaloo were owner-occupied compared with 56.8% in 2016.
Innaloo has 5,920 properties. Over the last 5 years, Houses in Innaloo have seen a 73.75% increase in median value, while Units have seen a 104.54% increase. As at 30 September 2024:
- The median value for Houses in Innaloo is $975,701 while the median value for Units is $786,542.
- Houses have a median rent of $730 while Units have a median rent of $650.
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