Added 8 days ago
18 Charles, Karrinyup WA 6018
Offers
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3 Bedrooms
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1 Bathroom
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Landsize 728m2
House
Added 8 days ago
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Under Offer to database Jorden Peirce
Superbly located in one of Karrinyup’s most sought after locations, this massive development property will appeal to many buyers with 728sqm of land!
Only a short drive away to Scarborough Beach and within close proximity to Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!
In a R30 zoned with street frontage of 18m, this property shows potential opportunities to develop up to two homes. The block is slightly elevated with possible views of Perth CBD from a second level!
OPTION 1 - Retain House and subdivide into 2 lots! Sell the resulting lots into high demand market.
OPTION 2 - Clear the land and build 2 new houses
OPTION 3 - Rent out the property and potentially collect up to $500p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 4 - Buy the house and gain entry into this sought after suburb with large backyard.
*Subdivision is subject to successful approval. A 2 lot development is possible.
Call area specialist Jorden Peirce for details
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Property snapshot by reiwa.com
This property at 18 Charles, Karrinyup is a three bedroom, one bathroom house listed for sale by Jorden Peirce at Capital Property Marketing WA.
For more information about Karrinyup, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Karrinyup profile page.
If you would like to get in touch with Jorden Peirce regarding 18 Charles, Karrinyup, please call 0416 300 431 or contact the agent via email.
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Karrinyup overview
Karrinyup is a mixed-use residential and commercial suburb. The name Karrinyup was originally derived from the word Careniup, a Noongar name for a nearby swamp, which means "the place where bush kangaroos graze". Major development of Karrinyup began in 1957 and continued for a number of decades resulting in a variant range of dwelling and home styles reflective of the eras they were originally built in.
Life in Karrinyup
Karrinyup's commercial focus revolves around the Karrinyup Shopping Centre, which is home to a host of retail shops and amenities that service both locals and visitors alike. Parks and reserves are another notable feature within the suburb, which includes both public and private golf courses for locals to enjoy. There are also several schools, recreational facilities, a community centre and a library.
Karrinyup quick stats
High end
$1.7m
Median
$1.5m
Low end
$1.3m
18.6 %
Annual growth
$1.5m
Annual median sales price
$937pw
Annual median rental price
