SOLD
Sold on 01 Dec 2023 for $2,300,000

6 Scenic Crescent
South Perth WA 6151

Bedrooms: 9
Bathrooms: 3
Car spaces: 8
Land area: 850m2
Sold By
EMG X Property Solutions Fremantle
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Property Details for 6 Scenic Cres, South Perth

6 Scenic Cres, South Perth is a 9 bedroom, 3 bathroom House with 8 parking spaces and was built in 1968. The property has a land size of 850m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 9 bedroom House sold in South Perth in the last 12 months.

Building Type
House
Year Built
1968
Land Size
850m2
Local Government
South Perth
Lot/Plan
1/D020916

Last Listing description (December 2023)

1ST TIME OFFERED in 28 YEARS!

Outstanding Opportunity

Income Generator in Superb Location

Sensational Prime Near-River Positioning One Street from the South Perth Foreshore

Have you been searching for a very generous sized lot of land in a prestigious location within a short stroll of the river's edge - one that you can feel confident investing your money in due to it being situated in one of the premiere suburbs within the Perth Metropolitan Area?

How about an exclusive chance to own a property packed with possibilities, from redevelopment to refurbishment? Benefit from three currently tenanted, expansive individual apartments as a significant added value.

Intriguing, Interesting and Outstanding!

The property features:
- A solid 2-level brick and tile building constructed circa 1968
- A generous 850 sqm of premium land zoned R15/40
- Approximately a 21.69m frontage & 39.13m depth rectangular lot
- Benefit from three spacious 3brm, 1 bathroom & 2wc apartments
- 4 undercover parking bays plus 3 open bays
- Spacious outdoor areas ready to develop/improve - add facilities to increase rental return perhaps

This property will suit:
- Self-managed Super Fund owners with an eye for unique opportunities to mould and control the future of their retirement nest-egg themselves
- Tradesman or Builders who can visualise the enormous potential of renovating/modifying the building into something extra special to either reside in or increase the income generation potential
- FIFO workers or a group of friends looking to pool funds and secure a property in this prestigious suburb
- Investors
- Developers
- Anyone looking for an 850 sqm lot in an outstanding location close to the river and city

Literally options galore for the astute buyer including but not limited to:
- Fully renovate individual apartments to boost future rental yields
- Complete redevelopment enabled by R40 zoning, allowing for up to 3 new builds *stca
- Consolidate existing apartments into a spacious single residence
- Maintain within your Super Fund - collect the rent whilst feeling secure in knowing this prime location isn't going anywhere other than a "stones throw from the foreshore & river"!
- Limitless Possibilities for the Shrewd Investor

A short bike ride to:
- Downtown Perth
- Scenic Kings Park
- The luxurious 6-Star Crown Casino
- Optus Stadium (Perth Stadium)
- Perth Zoo
- South Perth Esplanade & Mends St Cafes/Restaurants & Windsor Hotel

Walking/Strolling Distance to:

- Numerous BBQ spots, open recreational areas, and the serene riverside
- Coode St "Surf Cats"
- The Boatshed Restaurant
- McCallum Park.... to name a few
- Public transport facilities and main arterial roads

A Smart Move for an Astute Buyer

This is without doubt one of those rare opportunities that comes around whereby if you don't make the effort to consider the boundless potential offered with this fantastic site and buy it today you will quite likely regret it later - seize the moment and secure your own piece of prime near river South Perth real estate today.

Contact Michael Edwards (REIWA Grandmaster Salesperson) today on 0412 470 468 for further information.

Property History for 6 Scenic Cres, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$2,300,000
01 Dec 2023
  • 01 Dec 2023
    Sold for $2,300,000
  • 22 Aug 2023
    Listed for Sale Suit Buyers From $2.295m
  • 06 May 1995
    Sold for $360,000

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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.