OFF MARKET

512 Stirling Highway
Peppermint Grove WA 6011

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 880m2
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Property Details for 512 Stirling Hwy, Peppermint Grove

Building Type
Land
Land Size
880m2
Local Government
Peppermint Grove
Lot/Plan
401/D076024

Last Listing description (April 2024)

Unlock the Potential of Prime Real Estate in the Cottesloe Village!

Property Highlights:
- Location: Near Cottesloe Village precinct

- Size: 880 m2
- Zoning: R 80 Residential (Allows for 5 Townhouses STCA)
- Dual Frontage: Highway Exposure & Crossland Court Access
- Historic Significance: Former Headquarters of Fremantle Gas and Coke Company
- Current Use: Long-standing Family Business with Retail, Office, and Storage
- Parking: Ample On-Site Parking
- Proximity: Midway Between Freshwater Bay and Cottesloe Beach
- Development Opportunity: Non conforming/ R 80 Under Peppermint Grove Shire Council
- Tenant Situation: Short-Term Lease

Nestled near the vibrant Cottesloe Village precinct, this property offers a once-in-a-lifetime opportunity. Boasting a generous 880 m2 size and an R 80 residential zoning, it's a canvas for your vision. With highway exposure and secondary street frontage to Crossland Court, the possibilities are endless.

Previously the esteemed headquarters of the Fremantle Gas and Coke Company, this property has a rich history. Owned by the same family for a generation, it's now your chance to make your mark on this iconic site.

Whether you're looking to land bank for the future or become an owner-occupier, this property provides the ideal setting. Amidst the buzz of Cottesloe Village and perfectly positioned between Freshwater Bay and Cottesloe Beach, it's an investment that combines location and potential.

Don't miss out on this rare gem - seize the opportunity to shape the future of this remarkable property. Contact us today to explore the endless possibilities that await!

Private Inspections only.

Chris Shellabear
0418910065

Property History for 512 Stirling Hwy, Peppermint Grove, WA 6011

A timeline of how this property has performed in the market
  • 27 Sep 2023
    Listed for Sale From $2 Million

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About Peppermint Grove 6011

The size of Peppermint Grove is approximately 1.1 square kilometres. It has 4 parks covering nearly 11.4% of total area. The population of Peppermint Grove in 2011 was 1,528 people. By 2016 the population was 1,634 showing a population growth of 6.9% in the area during that time. The predominant age group in Peppermint Grove is 10-19 years. Households in Peppermint Grove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Peppermint Grove work in a professional occupation. In 2011, 75.4% of the homes in Peppermint Grove were owner-occupied compared with 72.3% in 2016.

Peppermint Grove has 707 properties. Over the last 5 years, Houses in Peppermint Grove have seen a 53.91% increase in median value, while Units have seen a 49.50% increase. As at 31 August 2024:

  • The median value for Houses in Peppermint Grove is $3,434,999 while the median value for Units is $688,151.
  • Houses have a median rent of $1,650 while Units have a median rent of $563.
There are currently 10 properties listed for sale, and 1 property listed for rent in Peppermint grove on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Peppermint grove.

Suburb Insights for Peppermint Grove 6011

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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.