OFF MARKET

2 Plumridge Way
South Lake WA 6164

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 801m2
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Property Details for 2 Plumridge Way, South Lake

2 Plumridge Way, South Lake is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 801m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1985
Floor Size
119m2
Land Size
801m2
Local Government
Cockburn
Lot/Plan
178/P014344

Last Listing description (December 2023)

Proudly presented by Ivan Da Costa

Calling all DEVELOPERS, INVESTORS and OWNER OCCUPIERS!!!

Property with a potential for redevelopment like this doesn't come often in South Lake!!!

This DUPLEX POTENTIAL corner Block (approximately 801m2) situated in a convenient section of South Lake is a GREAT investment OPPORTUNITY which is not to be missed!!! If you are looking for DEVELOPMENT opportunity or a house to LIVE or INVEST in, then this property is DEFINITELY for YOU!!!

There is an existing 3-bedroom and 2-bathroom home located on the block which is currently tenanted.

The options that you will have from this property:

Continue renting out the existing house for instant income
With some upgrade, turn this into your dream family home
Demolish, sub-divide into 2 vacant blocks and sell them individually (STCA).

More information on the property:

Green title CORNER block of 801m2 (approximately), R20 Zone
Existing home comes with 3-bedroom and 1-bathroom (there is also an additional bathroom / toilet which is connected to the house from the outside)
Good sized home with open plan living and dining areas
Bedrooms are generous is size
Ducted evaporative air conditioning
Security alarm system
Single secured car port under the main roof of the house
Large shed located beside the main car port which can also be turned into a garage / store room
Under cover patio / alfresco perfect to entertain family and guests all year round
Outdoor swimming pool
Excellent flat block.

Location:

Just a short walking distance to Berrigan Lake
Conveniently located close to the public transportation route and shops.

For more information or to view this property, please contact:

Ivan Da Costa - 0411 66 88 99

Water Rates: $1155.93

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Property History for 2 Plumridge Way, South Lake, WA 6164

A timeline of how this property has performed in the market
Last Sold
$505,000
26 Aug 2023
Listed for Rent
$320/w
16 Apr 2008
  • 28 Aug 2023
    Listed for Sale OFFERS IN THE $500,000's
  • 26 Aug 2023
    Sold for $505,000
  • 11 Dec 2022
    Listed for Sale EXPRESSIONS OF INTEREST
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About South Lake 6164

The size of South Lake is approximately 3.3 square kilometres. It has 13 parks covering nearly 15.7% of total area. The population of South Lake in 2011 was 5,971 people. By 2016 the population was 5,869 showing a population decline of 1.7% in the area during that time. The predominant age group in South Lake is 20-29 years. Households in South Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Lake work in a trades occupation. In 2011, 72.8% of the homes in South Lake were owner-occupied compared with 71.8% in 2016.

South Lake has 2,526 properties. Over the last 5 years, Houses in South Lake have seen a 102.46% increase in median value, while Units have seen a 49.65% increase. As at 30 September 2024:

  • The median value for Houses in South Lake is $755,281 while the median value for Units is $420,149.
  • Houses have a median rent of $600 while Units have a median rent of $330.
There are currently 7 properties listed for sale, and 4 properties listed for rent in South lake on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in South lake.

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