Back 11/32 Jubilee Street
Off Market

11/32 Jubilee Street

South Perth WA 6151

2
1
Apartment
Hilary StillingHilary Stilling, last sold this property on 29 November 2014 after -13 days on market.

Overview

SMART RIVERSIDE INVESTMENT

PRICED TO SELL! A rare opportunity to buy yourself a slice of the very best South Perth real estate with overwhelming potential... This recently rezoned, low-rise security complex is situated on a coveted 6,500sqm of prime riverfront land, right on the foreshore and offering panoramic views of the City in what can be regarded as Millionaire's Row in this prestigious suburb. The new current zoning of R40/60 would allow for a complete redevelopment of the complex to make this property bigger and better. There has been a plan proposed enabling all owners to enjoy larger brand new apartments with underground parking and creating at least 5 beautiful penthouses to fund the project. Nothing has been agreed at this stage, but investors who are able and willing to sit it out and wait are very likely to be highly rewarded for their patience. In the meantime, enjoy all that this lovely quiet complex can offer with its A1 position with direct access to the foreshore... Number 11 is a very neat and tidy ground floor apartment, tucked away in a corner of the complex. This home can almost be regarded as a villa, with both front and rear courtyards, and there are some views from the living area. Both bedrooms have built-in robes, there is a hidden laundry, and the unit also offers 2 car parking and a storage room. A very good, long term tenant resides here on a periodic lease and is happy to stay or go - your choice. Think very carefully about this one - this is a unique opportunity that really doesn't come along every day. Rates: $1,493.61pa Water: $858.57pa Strata Fees: $550 pq

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Perth over the last 12 months, the estimated median property value of 11/32 Jubilee Street is $780k.

Median value
$780k
Estimated value range
$440k - $1.61m
Median days on market
19
Estimated value trend
30%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11/32 Jubilee Street

2014
Sold
Undisclosed
Private Sale/Treaty on 29 Nov 2014 by Hilary Stilling, of Rosella Realty

Happy sellers in South Perth

94%
94% of sellers in South Perth reported that their sale price either exceeded or met their price expectations.

South Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in South Perth over the last 12 months.

Local market activity for 2 bedroom apartments in South Perth

In the last 12 months, 79 two-bedroom apartments similar to 11/32 Jubilee Street, have been sold.

This represents a 3% increase in two-bedroom apartments sales when compared to the previous 12 months.

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