SOLD
Sold on 03 Nov 2023 for $5,740,487

191 Mill Point Road
South Perth WA 6151

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 217m2
Land area: 680m2
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Property Details for 191 Mill Point Rd, South Perth

191 Mill Point Rd, South Perth is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 680m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in South Perth in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
217m2
Land Size
680m2
Local Government
South Perth
Lot/Plan
10/P002409

Last Listing description (November 2023)

AUCTION on SATURDAY 8th OCTOBER AT 10AM
(Unless sold prior)

This is a rare opportunity to purchase an elevated north facing residential block situated in a prime dress circle location on which you can design and build your own dream home.

On one of the most sought-after streets in South Perth this is 680sqm's of amazing real estate has uninterrupted River and City views forever.

Enjoy the wonderful lifestyle South Perth has to offer including strolling or cycling along the picturesque River Foreshore, close to the revitalised Mends St Shopping Precinct, Perth bound Ferry, shops, bars and restaurants.

Set amongst luxury residences the existing Art Deco style home is currently split into two apartments with a lease in place.

The house has a very large lounge and dining area with city views through stain glass windows, an additional sitting room spacious enough to double as a study also with city views, kitchen and a separate laundry.

The good size main bedroom has city views, large mirrored robes and powder room, the bathroom has a separate shower and bath and second toilet, the secondary bedroom has access to second shower, vanity and third toilet. The upstairs attic area has another small bedroom and bathroom.

There is future redevelopment potential as under the City of South Perth's Proposed Local Planning Scheme 7 the zoning could be changed from R15 to R40.

Whether you decide to demolish, redevelop or lease out the existing house this is a fantastic opportunity to secure a block of land on one of the best streets in Perth with endless views forevermore.

FEATURES;
One of the most sought after streets in South Perth
Uninterrupted views of the river and city forever
Amazing site to build luxury dream home
Future redevelopment potential
Currently Zoned R15 but with the Proposed LPS7 it could change to R40
Existing Art Deco home split into two apartments with a lease in place
680sqm elevated block

RATES p/a
City of South Perth: $2,760
Water Corporation: $1,457

Property History for 191 Mill Point Rd, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$5,740,487
03 Nov 2023
Listed for Rent
$500/w
13 Apr 2023
  • 03 Nov 2023
    Sold for $5,740,487
  • 27 Mar 2023
    Listed for Rent $500 / week
  • 14 Sep 2022
    Sold for $4,600,000
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2011 was 11,990 people. By 2016 the population was 12,060 showing a population growth of 0.6% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation. In 2011, 51.5% of the homes in South Perth were owner-occupied compared with 54% in 2016.

South Perth has 8,637 properties. Over the last 5 years, Houses in South Perth have seen a 49.03% increase in median value, while Units have seen a 38.49% increase. As at 31 August 2024:

  • The median value for Houses in South Perth is $1,614,042 while the median value for Units is $687,982.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 69 properties listed for sale, and 29 properties listed for rent in South perth on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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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.