OFF MARKET

126/128 Bulong Avenue
Redcliffe WA 6104

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 1618m2
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Property Details for 126/128 Bulong Ave, Redcliffe

126/128 Bulong Ave, Redcliffe is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1618m2.

Building Type
House
Land Size
1618m2
Local Government
Belmont

Last Listing description (June 2024)

Wow what a perfect land bank opportunity for the astute
investor/developer! Generating combined gross income of
$44,200pa, these two neighbouring homes offer stable high return with

existing long-term tenants. Future growth is assured with extensive
government infrastructure investment approved, Redcliffe Train
Station is now complete and running from the Airport to
CBD and DA6 Vision Plan is poised to be the City of Belmont's
Crown Jewel. Offering development potential for buildings up to
13 storeys, you won't find a better development opportunity to watch
your hard-earned money grow. Bonus two solid double brick & tile
two/three bed homes on separate titles, each backing onto parklands
and forward facing allowing ample space at the rear. Rarely is a
double block in this precinct offered for sale so be quick to express
your interest before its SOLD!

KEY FEATURES INCLUDE

- Solid d/brick & tile homes currently leased at $850pw combined.
- Prime 1618sqm double development block with a 30.18mt front.
- DA6 vision plan precinct oozing modern development options.
- Boasts huge potential for new buildings up to 13-storey (STCA)
- Next to the brand-new Redcliffe Train Station & the Airport DFO.
- Perfect for the astute investor or future developer to land bank.
- Very close to Redcliffe Primary, Garvey Park, Swan River & Races.
- GEH highway access to Burswood, Optus, Vic Park & Perth CBD

To secure contact your #1 local agent " DEVON KELLY "Mr Belmont" 0417 936 277 or DANIEL KELLY 0456 180 575 to discuss your future DA6 development options and receive your property pack today

Property History for 126/128 Bulong Ave, Redcliffe, WA 6104

A timeline of how this property has performed in the market
  • 10 Jan 2024
    Listed for Sale FROM $1,450,000

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About Redcliffe 6104

The size of Redcliffe is approximately 2.7 square kilometres. It has 18 parks covering nearly 8.5% of total area. The population of Redcliffe in 2011 was 4,757 people. By 2016 the population was 4,956 showing a population growth of 4.2% in the area during that time. The predominant age group in Redcliffe is 30-39 years. Households in Redcliffe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redcliffe work in a trades occupation. In 2011, 58.4% of the homes in Redcliffe were owner-occupied compared with 59.3% in 2016.

Redcliffe has 2,336 properties. Over the last 5 years, Houses in Redcliffe have seen a 82.51% increase in median value, while Units have seen a 88.48% increase. As at 31 August 2024:

  • The median value for Houses in Redcliffe is $739,680 while the median value for Units is $511,039.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Redcliffe on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Redcliffe.

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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.