Burgess Rawson are pleased to offer For Sale 27 & 31 Royal Street, Kenwick.The property is situated in the heart of Kenwick with easy access to the regions main arterial roads, including Albany Highway and the Kenwick Link and Roe Highway.The vacant land provides an excellent opportunity for owner occupiers or developers.Land Area12,115sqm* or 2 separate lots of 5,944sqm* and 6,171sqm*ZoningThe Under the City's Current Planning Scheme, Lots 49 & 50 are zoned 'Mixed Business / Residential' with the residential land component given an 'R' Coding of R20/60 covering low and medium density development).The City's new Planning Scheme, which is likely to become operational later this year, will zone Lots 49 & 50 as 'Urban Development' with no 'R' coding applied.Asking PriceOffers InvitedFor further details please do not hesitate to contact the Selling Agents.*Approx
The size of Kenwick is approximately 9.8 square kilometres. It has 14 parks covering nearly 7.9% of total area. The population of Kenwick in 2011 was 5,461 people. By 2016 the population was 5,686 showing a population growth of 4.1% in the area during that time. The predominant age group in Kenwick is 20-29 years. Households in Kenwick are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kenwick work in a trades occupation. In 2011, 69.5% of the homes in Kenwick were owner-occupied compared with 70.6% in 2016.
Kenwick has 2,709 properties. Over the last 5 years, Houses in Kenwick have seen a 126.36% increase in median value, while Units have seen a 102.55% increase. As at 31 October 2024:
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