272 Mill Point RoadSouth Perth WA 6151
Property Details for 272 Mill Point Rd, South Perth
272 Mill Point Rd, South Perth is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1929. The property has a land size of 696m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in South Perth in the last 12 months.
Last Listing description (November 2024)
An outstanding opportunity exists to secure this prime development site, metres to the Swan River. With dual street frontage into the prestigious Thomas Street address, the property has a multitude of options with versatility and scope for creative projects.
Renovate the existing home and build in Thomas Street, either one or two properties or demolish the existing home and do a 3 lot subdivision. (Subject to relevant approvals)
Don't miss this rare opportunity, to secure a prime piece of South Perth property.
Property Details:
Land Size: 696sqm, Green Title
Zoning: R40
Development Potential - 3 Lot Subdivision Potential (subject WAPC and Council approvals)
Frontage: 15.09m
Orientation: North/South
7 meter height limit with a pitched roof height of 10 meters
Spacious yard with a desirable north-facing aspect
RATES & FEES
Council $2,946.50 p/a approx
Water $1,093.14 p/a approx
The property is currently tenanted at $375 per week until 8th September 2024
Full information pack available on request
For all enquiries, including price guidance and viewing times, please call Lee Riddell on 0413 984 881
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 272 Mill Point Rd, South Perth, WA 6151
- 06 Sep 2024Sold for $1,760,000
- 13 Aug 2024Listed for Sale UNDER OFFER
- 23 Aug 2023Listed for Rent $360 / week
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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 8,606 properties. Over the last 5 years, Houses in South Perth have seen a 58.17% increase in median value, while Units have seen a 49.33% increase. As at 31 October 2024:
- The median value for Houses in South Perth is $1,707,935 while the median value for Units is $719,884.
- Houses have a median rent of $965 while Units have a median rent of $650.
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