SOLD
Sold on 14 May 2024 for $1,152,800

51 West Parade
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 86m2
Land area: 429m2
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Property Details for 51 West Pde, Perth

51 West Pde, Perth is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1935. The property has a land size of 429m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Perth in the last 12 months.

Building Type
Unit
Year Built
1935
Floor Size
86m2
Land Size
429m2
Local Government
Vincent
Lot/Plan
49/P001197

Last Listing description (July 2024)

All Offers by 27th May

With R60 Zoning, this is a rare opportunity to cash in on the huge development potential of this well-located land holding that sits on 429m of land with street front and rear lane access and only 2.3km to the CBD, subject to council approval.

Alternatively, you can choose to renovate the current home. This is a 1935-built art deco bungalow with the current configuration of 2 bedrooms and one-bathroom, separate living, open plan kitchen and dining and separate laundry. Typical character features include high ceilings and jarrah floorboards, decorative cornices and ceiling roses.

With the current R60 zoning, the minimum lot size allowed is 120sqm and the average lot size is 150sqm. Astute developers will consider this as the perfect site to develop 2 designer homes with a maximum 3-storey height allowance, (STCA), with one facing the street and the other with laneway frontage. Otherwise, you can seek council approval to develop a 3-storey multiple apartment dwelling.

The home sits on relatively flat terrain and is situated close to the Highgate, Mt Lawley and Northbridge shopping and cafeacute; precincts, only 2.3km from the Perth CBD and the nearby East Perth train station means access to anywhere in Perth is a breeze.

Nearby are a variety of recreational clubs and parks Such as Mt Lawley Golf Club and Beatty Park Aquatic Centre, a variety of gyms and health clubs and the Swan River and Burswood precinct only a short walk away.

The home is also in the intake zone for the popular Mt Lawley Senior High School with other sought-after private schools nearby including Perth College and Trinity College.
All Offers to be presented by 27th May, 2024 (The owner reserves the right to accept offers prior)

KEY FEATURES:
- 429sqm total land - 12.5m by 36.0m approx.
- Zoned R60 - Minimum lot size 120sqm - Average lot size 150sqm
- Potential for 2 grouped dwellings or 3 storey multiple dwellings (Subject to Council and WA Planning Commission approval)
- Flat Terrain
- Existing early 1935 built art deco home - high ceilings, jarrah floorboards, 2 bedrooms, 1 bathroom, kitchen/ dining, family, laundry
- On-site parking for 3 cars
- Rear lane access with single garage
- 2.3km to City
- Close to multiple Shopping and Cafeacute; Precincts, sporting clubs, quality schools, and close to bus and train transport
- Located in City of Vincent

Property History for 51 West Pde, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,152,800
14 May 2024
  • 14 May 2024
    Sold for $1,152,800
  • 03 May 2024
    Listed for Sale Expressions of Interest

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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 11,664 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 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 823 properties were sold in the past 12 months in Perth.

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Contact agent
Daniel Porcaro
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Mark Hay Realty Group
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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.