85 Cleopatra StreetPalmyra WA 6157
Property Details for 85 Cleopatra St, Palmyra
85 Cleopatra St, Palmyra is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1948. The property has a land size of 970m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Palmyra in the last 12 months.
Last Listing description (June 2024)
*** UNDER OFFER
Home Open Cancelled
Discover the endless possibilities of this exceptional property, situated on a sprawling 970 sqm block in the highly sought-after suburb of Palmyra. Boasting an expansive land size with the potential for subdivision (Subject To Council Approval), this offering presents a rare and lucrative opportunity for astute investors and developers.
Key Features:
Super-Sized Block:
Set on a generously proportioned 970 sqm block, this property offers ample space for future development or expansion, allowing you to maximize its potential and capitalize on the growing demand for land in the area.
Subdivision Potential:
With the potential to subdivide (STCA), this property provides the ideal canvas for creating multiple dwellings or exploring other development opportunities, ensuring a profitable return on investment for savvy buyers.
Comfortable Living:
The existing home, while awaiting its transformation, features three bedrooms, two bathrooms, and centrally located dining and living areas, providing comfortable accommodation for occupants or tenants during the planning and development stages.
Prime Location:
Convenient Amenities:
Enjoy the convenience of living just minutes away from shopping precincts, bustling cafes, reliable public transport options, and local schools, ensuring a lifestyle of ease, convenience, and connectivity for residents.
Rare Opportunities Await:
Opportunities of this caliber are becoming increasingly rare in today's competitive market. Whether you're an investor, developer, or homeowner with a vision for the future, this property offers the perfect foundation for realizing your dreams and achieving your property goals.
Seize the Moment:
Don't let this rare opportunity pass you by. Embrace the potential, unlock the possibilities, and secure your piece of Palmyra paradise today.
Contact listing agent Paul Parkinson 0400 002 974 / paulparkinson@mintrealestate.com.au for further information.
Rates & Local Information:
Water Rates: $1093.14 (2022/23)
City of Melville Council Rates: $1681.70 (2023/24)
Zoning: R20
Primary School Catchment: Palmyra Primary School
Secondary School Catchment: Melville Senior High School
*PLEASE NOTE: While every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change. It is recommended that you conduct your own due diligence before making any decisions based on this information.
Property History for 85 Cleopatra St, Palmyra, WA 6157
- 08 Mar 2024Sold for $1,185,000
- 29 Feb 2024Listed for Sale *** UNDER OFFER ***
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About Palmyra 6157
The size of Palmyra is approximately 3.1 square kilometres. It has 18 parks covering nearly 3.5% of total area. The population of Palmyra in 2011 was 6,609 people. By 2016 the population was 6,939 showing a population growth of 5.0% in the area during that time. The predominant age group in Palmyra is 30-39 years. Households in Palmyra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmyra work in a professional occupation. In 2011, 67.1% of the homes in Palmyra were owner-occupied compared with 67.6% in 2016.
Palmyra has 4,302 properties. Over the last 5 years, Houses in Palmyra have seen a 63.73% increase in median value, while Units have seen a 77.80% increase. As at 31 August 2024:
- The median value for Houses in Palmyra is $1,062,138 while the median value for Units is $638,206.
- Houses have a median rent of $800 while Units have a median rent of $600.
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