Under Offer 11/04/2024
SOLD
agency logo

27 Chapman Street, Perth WA 6000

House
312
Block size: 498 m² approx.

SOLD SOLD!

Rarely found, inherently valuable and a location to behold!

Be the proud owner of this original 1955 character home, nestled on a magnificent 498m2 lot with R60 zoning, a rear right of way, and positioned in one of our most outstanding and sought after locations!

Boasting multiple development options, this incredible opportunity will suit the wise investor, smart developer, savvy land banker with an eye for the future, or the discerning home owner seeking quality property in a premium location.

THE PROPERTY
- 498m2 Northeast facing street front lot
- High density R60 Residential zoning
- Rectangular lot with 12.2 metre frontage
- Dual frontage with rear ROW access
- Flat and level block

THE IMPROVEMENTS
- Original circa 1955 character home
- Brick and iron construction
- 10 degree pitch roof style elevation
- 3 large bedrooms, 1 bathroom
- Polished timber floors
- High ceilings throughout
- Large kitchen with ample bench space
- Open plan meals and second living area
- Air conditioning, gas cooking
- Security alarm system, security doors
- Covered patio outdoor living area
- Double brick powered tandem garage
- Large yard with garden shed and pergola

INVESTMENT AND DEVELOPMENT
- Currently leased @ $600 per week
- Strong rental demand
- Option for vacant possession at settlement
- Multiple development options (Subject to council approval)
- Retain the home & build behind (STCA)
- Retain character home and create new rear lot (STCA)
- Demolish and build 2 new single storey dwellings
- Demolish and build 2 multi-storey dwellings
- Demolish and build a dream inner city residence
- Renovate and extend existing character home

LOCATION
- Preferred sought after inner city precinct
- Highly desirable, quiet tree-lined street
- Close to all inner city desirable amenities
- Walk to train station and bus transport
- Approx. 700 metres to Beaufort Street café precinct
- Approx. 500 metres to HBF Stadium
- Strolling distance to the Swan River, parks and reserves
- Less than 2km to the Perth CBD
- Walk or cycle to Hyde Park
- Multiple options for shopping facilities
- Great choice of leisure activities and parks
- Proximity to Optus Stadium and Crown Entertainment
- Close to a choice of excellent public and private schools

Quality Inner City CBD fringe land is rare… development potential property with the option of strong investment income is even rarer…

Discerning buyers should enquire without delay.

For further details and to arrange an appointment to view this outstanding opportunity, contact the selling agents.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Ray Cafini to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
1
Garage Spaces:
2
Property type:
House
Block Size:
498 *

Other Details

Lot:
55
Legal description:
P001197/55
ProProperty Group

Maps and area information

Block information
Block size: 498 (approx)
Legal description: P001197/55
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

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We found 107 houses with 3 bedrooms that just sold near 27 Chapman Street Perth

Property history

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Perth suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
13,670
Listing ID: 182364077. This listing has been viewed 6 times. It was first displayed on 11/03/2024 and last updated on 11/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.