SOLD
RECENT ADVICE
Sold on 17 Sep 2024 for $1,050,000

186 Newcastle Street
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 211m2
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Property Details for 186 Newcastle St, Perth

186 Newcastle St, Perth is a 2 bedroom, 1 bathroom House. The property has a land size of 211m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Perth in the last 12 months.

Building Type
House
Land Size
211m2
Local Government
Vincent
Lot/Plan
562/P059420

Last Listing description (September 2024)

Auction Location: 186 Newcastle Street, Perth

Discover a captivating blend of old-world charm and modern convenience in this beautifully renovated mixed-use property. Nestled in a thriving precinct, 186 Newcastle Street offers an unparalleled opportunity for owners, investors, and developers alike.

This stunning property boasts a recently transformed interior, featuring a sleek new kitchen, a luxurious bathroom, and a fresh coat of paint. The original character of the building has been lovingly preserved, with polished floorboards adding warmth and sophistication. The generous land area of 211 sqm and the well-maintained 115 sqm building provide a versatile canvas for your imagination.

Envision a stylish office space, a charming residential haven, a lucrative short-term accommodation venture, or even a future development project. The property's Mixed Use R80 zoning unlocks exciting possibilities, subject to council approval. With high ceilings and abundant natural light, this space is an inviting and inspiring environment.

Situated in a highly sought-after area, 186 Newcastle Street offers unparalleled convenience and accessibility. Enjoy the vibrant city lifestyle, nearby amenities, excellent transport links, and the upcoming revitalization of the area with the new ECU Campus, scheduled for completion in 2025.

For those seeking a development opportunity, the property is listed on the MRA Heritage Inventory register as 'Level 3 - Place of Lesser Significance', allowing for potential partial or full demolition, subject to relevant approvals.

Don't miss your chance to own this exceptional property with endless potential.
This property is set for auction unless sold prior.

Auction Details:
• Date: Saturday, 14th September 2024
• Location: on site
• Time: 11:00 AM (WST)

Contact Rash Dhanjal at 0410 564 761 to arrange an inspection.

All uses are subject to council approval and must comply with relevant regulations. Any changes to residential use require a change of use application via the council.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

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Property History for 186 Newcastle St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,050,000
17 Sep 2024
Listed for Rent
$287/w
05 Jul 2023
  • 14 Sep 2024
    Sold for $1,050,000
  • 03 Apr 2024
    Listed for Sale Auction
  • 13 Mar 2020
    Listed for Rent $15,000 / year
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,665 properties. Over the last 5 years, Houses in Perth have seen a 33.11% increase in median value, while Units have seen a 45.23% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $1,023,675 while the median value for Units is $548,965.
  • Houses have a median rent of $700 while Units have a median rent of $655.
There are currently 164 properties listed for sale, and 82 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 830 properties were sold in the past 12 months in Perth.

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