5/44 Mill Point RoadSouth Perth WA 6151
Property Details for 5/44 Mill Point Rd, South Perth
5/44 Mill Point Rd, South Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 128m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2009.
Last Listing description (July 2024)
As the exclusive selling agent, Jones Realty & Projects and Steve Jones are excited to present this 5 star located development site for sale. This potential development site is located in one of the most sort after locations of South Perth, at the northern end of the prestigious Mill Point Road.The current apartment complex on the site consists of 18 x one bedroom apartments, generating an estimate of over $400k in annual rental return. The total site area is 2191m2 and the site is zoned for a potential 17 story apartment development.The site presents an opportunity for developers to acquire one of the most premier sites in South Perth. This high density infill site is magnificently positioned to provide a high rise apartment development with 360-degree panoramic views of the Swan River and Perth City from level 5 of any potential development. The location provides a short stroll to the South Perth foreshore and the shopping precinct in Mend St.This extremely rare opportunity is an offer for sale via an Expression of Interest. For further information please contact Steve Jones at Jones Realty & Projects.Disclaimer: The above information is provided for general information purposes only and is based on information provided by the seller and local council 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 make their own independent enquiries.
Property History for 5/44 Mill Point Rd, South Perth, WA 6151
- 19 Jan 2024Listed for Sale Under Contract
- 13 Sep 2023Listed for Sale Contact Agent
- 18 Apr 2009Sold for $445,000
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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 8,606 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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