71 Gallipoli StreetLathlain WA 6100
Property Details for 71 Gallipoli St, Lathlain
71 Gallipoli St, Lathlain is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1956. The property has a land size of 1011m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (January 2022)
Century 21 Jones Property Group is proud to present 71 Gallipoli Street, Lathlain. If you've been looking for a prime development opportunity in one of Perth's best locations then look no further! Positioned on an elevated 1,011m2 approx. block this property has to be exciting all investors or developers looking for their next project in the area. With quarter acre blocks in high demand and low in supply, this is sure to be attracting some serious early interest from the market. With multiple options at your fingertips, some include:
1) Subject to modifications you could retain, renovate and even extend the front home and sub-divide and sell off the back block.
3) Sub-divide and build on the back and sell 2 properties.
4) Knock down the existing home and build 2 quality brand new dwellings.
5) Knock down the existing home and build your dream home on a huge block!
** Please note all above scenarios are subject to local council approval **
The existing home definitely requires work and renovation but has the bones there to work with if desired. Existing features include:
* Single garage, car-port and plenty of room for additional parking if required.
* Front lounge room with air-conditioning and dining/meals.
* Good sized Master bedroom with ceiling fan and air-conditioning.
* Bathroom with vanity, shower and WC.
* Bedroom 2 - a good size.
* Kitchen with ample storage.
* Bedroom 3 (sleep-out).
* Laundry and second WC.
* Games room off of main home.
* Full bore reticulation.
* Floorboards underneath living spaces throughout home.
If you are looking for your next development opportunity or looking for a sound future investment then this property is an absolute MUST SEE! This versatile property has a number of ways to capitalise on the future growth of Lathlain. With close proximity to the Crown Entertainment Complex, Optus Stadium, the River, Perth CBD, the Lathlain Oval redevelopment, Vic Park, bus and rail transport as well as being surrounded by a host of other lifestyle options, this is the very definition of a real estate hot spot! If this sounds like the one you've been waiting for call Matthew Jones on 0438 731 267 and make this one yours!
Property History for 71 Gallipoli St, Lathlain, WA 6100
- 27 Aug 2019Sold for $830,000
- 16 Aug 2019Listed for Sale UNDER OFFER
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About Lathlain 6100
The size of Lathlain is approximately 1.6 square kilometres. It has 4 parks covering nearly 9.9% of total area. The population of Lathlain in 2011 was 3,037 people. By 2016 the population was 3,361 showing a population growth of 10.7% in the area during that time. The predominant age group in Lathlain is 30-39 years. Households in Lathlain are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lathlain work in a professional occupation. In 2011, 66.7% of the homes in Lathlain were owner-occupied compared with 67% in 2016.
Lathlain has 1,905 properties. Over the last 5 years, Houses in Lathlain have seen a 77.38% increase in median value, while Units have seen a 34.52% increase. As at 31 August 2024:
- The median value for Houses in Lathlain is $1,145,181 while the median value for Units is $548,542.
- Houses have a median rent of $733 while Units have a median rent of $550.
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