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Sold on 30 Mar 2024 - Price Unavailable

60 Corinthian Road W
Shelley WA 6148

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 1214m2
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Property Details for 60 Corinthian Rd W, Shelley

60 Corinthian Rd W, Shelley is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1214m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 6 bedroom House sold in Shelley in the last 12 months.

Building Type
House
Land Size
1214m2

Last Listing description (March 2024)

ACCOMMODATION
Rare opportunity! GREEN TITLED, zoned R20 with subdivision potential (subject to approvals), PLUS an existing duplex to help pay the mortgage, this property is a top pick for investors, developers, and/or families looking for both short & long-term benefits.

For developers and investors, you've got the opportunity to subdivide into two lots (subject to WAPC & council approvals) OR, potentially three lots with a possible requirement of 1 lot being 350sqm (subject to WAPC & council approvals); all within the Rossmoyne Senior High School catchment, and ideally located just one street back from the picturesque riverfront and walkway. And in the meantime, the existing duplex (60A and 60B) can help you pay down the mortgage. Inside, each home offers three good-sized bedrooms with built-in robes, plus 1 bathroom, a separate lounge and dining area as well as an inbuilt linen press and pantry, and a spacious patio. The front home (60A) is currently rented for $500 per week on a periodic lease. While a recent rental appraisal valued each home at $550 per week, there is also room for increased returns if you're willing to do some work.

With diverse appeal and a top-notch location, this property promises both immediate returns and future potential - don't miss out!

FEATURES & BENEFITS
• Enormous 1,214sqm GREEN TITLE block
• Zoned R20 with the potential for subdivision (subject to WAPC & council approvals)
• TWO 3x1 homes (60A & 60B) included on the one title; 60A is currently rented at $500 per week on a periodic lease
• Recently appraised at $550 per week (per home), with the potential to achieve more with a little TLC
• Water is separately metered
• Amazing location set just one street back from the stunning riverfront & walkway
• Within the competitive Rossmoyne Senior High School Zone catchment
• Minutes from Fifth Park in Rossmoyne, and a short walk from the Shelley Park oval

LOCATION
Take full advantage of the prime riverside location. Sitting just a short distance from the river, where you can enjoy morning walks and parklands, and in proximity to Shelley Primary School, Shops, Cafes, restaurants, Curtin University, and public transport links, all within the Rossmoyne High School Zone. Enjoy all the benefits this riverside suburb offers and be quick to secure your future.

CONTACT
Represented by Team Addenbrooke, contact us directly to book your viewing or text "60 Corinthian" to 0437 414 178 for your free digital brochure.

*FLOORPLAN NOTE - the front home (60A) room sizing and layout is to be used a guide only.
**SUBDIVISION NOTE - all subdivision potential comments are based on conversations with the City of Canning, and a local Surveyor who have outlined that the triplex potential is viable, but not guaranteed. We encourage all prospective buyers to conduct their own research and confirmation.

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Property History for 60 Corinthian Rd W, Shelley, WA 6148

A timeline of how this property has performed in the market
Last Sold
30 Mar 2024
Listed for Rent
$450/w
14 Apr 2022
  • 25 Mar 2024
    Sold for $1,825,000
  • 18 Mar 2024
    Listed for Sale UNDER OFFER | By Team Addenbrooke
  • 14 Apr 2022
    Listed for Rent $450 / week
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About Shelley 6148

The size of Shelley is approximately 2.1 square kilometres. It has 13 parks covering nearly 13.1% of total area. The population of Shelley in 2011 was 4,380 people. By 2016 the population was 4,519 showing a population growth of 3.2% in the area during that time. The predominant age group in Shelley is 10-19 years. Households in Shelley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shelley work in a professional occupation. In 2011, 70% of the homes in Shelley were owner-occupied compared with 72% in 2016.

Shelley has 2,290 properties. Over the last 5 years, Houses in Shelley have seen a 73.10% increase in median value, while Units have seen a 103.28% increase. As at 30 November 2024:

  • The median value for Houses in Shelley is $1,332,081 while the median value for Units is $770,813.
  • Houses have a median rent of $850 while Units have a median rent of $620.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Shelley on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Shelley.

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Zac Addenbrooke
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