SOLD
Sold on 12 Dec 2023 for $1,665,000

1A Sandgate Street
South Perth WA 6151

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 97m2
Land area: 749m2
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Property Details for 1a Sandgate St, South Perth

1a Sandgate St, South Perth is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 749m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in South Perth in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
97m2
Land Size
749m2
Local Government
South Perth
Lot/Plan
25/D035233

Last Listing description (January 2024)

Introducing 1a Sandgate Street South Perth, an exceptional development site that could hold the key to your next ground breaking project. This property presents a rare chance to purchase a property of this calibre, with a multitude of investment options including approved plans for two luxury residences.

This prime development site, nestled in the heart of South Perth, boasts 749 sqm of highly sought after land, with a 38.4m frontage and a right of way access, to further complement the development options. A prestigious address that offers unparalleled convenience.

The property currently consists of two fully renovated 2 x 1 (2 w/c's) apartments. Boasting a great modern fit out, these two apartments, have huge entertaining courtyards, at the front and rear, with minimal fuss gardens. With large living areas and spacious open plan kitchens, providing stainless steel dishwashers and gas cooking as well as Reverse cycle air conditioning to living areas. The main bedrooms are fitted with wall to wall mirrored robes and ceiling fans. Security screens and doors throughout. Single carport parking each, with options for further parking behind. Not to mention the large removable shed with roller door access, set behind gates. That can be kept separate from the main building, to be used for your personal storage needs.

All this and being just moments away from the stunning Swan River, picturesque parks, trendy cafes, and renowned restaurants. With easy access to major transportation routes, the CBD, and a range of amenities, this location is ideal for attracting both residents and investors alike.

This truly is a rare opportunity not to be missed.

Full information pack available on request

RATES & FEES
Water $1,647.34 p/a approx
Council $3,578.88 p/a approx
Potential rental income of $1,200 per week

For a full information pack, please contact Exclusive Selling Agent:
Lee Riddell | 0413 984 881 | lee@mresidential.com.au

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 1a Sandgate St, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$1,665,000
12 Dec 2023
Listed for Rent
$450/w
18 Jan 2022
  • 12 Dec 2023
    Sold for $1,665,000
  • 29 Jun 2023
    Listed for Sale Expressions of Interest
  • 16 Apr 2011
    Listed for Rent - Price not available
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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.