$ 499,000.00
8 Pratt Street Cloverdale WA 6105
$499,000 - $539,000
This 782sqm block on a quiet street is ideal for renovators, investors or developers looking for a level block close to the city.
Surrounded by established fruit trees, roses and frangipanis, this 1963-built home has a solid foundation and fantastic bones. There's three bedrooms, lounge, kitchen/dining area, a retro bathroom with shower over bath, and a small sunroom to the rear. A new owner with vision and insight could renovate while living there, or design and complete the project before moving in.
As it stands, this home is a smart investment. Long term tenants are in-place, currently paying $300/week and looking to stay, offering potential buyers an income stream from day one of ownership. Developers could also consider the benefits of incoming rent payments while constructing plans for this R20/30 corner block with two frontages, measuring 26.15m and 14.08m. The surrounding properties suggest that two single-level luxury homes could be a good fit for the neighbourhood, with aesthetics and works assisted by a sewer discreetly set into the rear corner of the property.
8 Pratt St is an amazing suburban location, close to parks with nature play and kickabout zones, public and private schools, and bushwalking at Signal Hill. It's placed close to the bullseye centre of Abernathy Road, Great Eastern Highway and Tonkin Highway.
Property Features:
• Three bedrooms
• Retro bathroom with shower over bath
• Large combined kitchen/dining room
• Lounge with fireplace (not working)
• Rear sunroom
• Solar panels
• Large front yard with established roses, frangipanis and citrus
• Large rear yard with traditional clothesline
• Powered workshop
• Single rollerdoor garage
• Walk to parks with nature play, kickabout zone and bushwalking
• Close to shops, transport and entertainment
• Situated between Abernathy Road, Great Eastern Highway, Tonkin Highway and Leach Highway
• Easy access to buses, trains and Perth Airport
• 1963-built house on 782sqm block
• Water Rates: $1,022.43 pa
• Council Rates: $1,386.12 pa
