136 Chapman Valley Rd

Waggrakine WA 6530

House

Last sold for $490,000

Adele Surtees, last sold this property on 17 July 2025 after 105 days on market.

Overview

A Unique Investment Opportunity on a Spacious 8252 sqm Block with Subdivision Potential

Situated on a generous 8252 sqm block, this property offers an incredible investment opportunity with an exceptional tenant already in place. Whether you're seeking a sizable landholding, a property with room to breathe, or a place that comes with an impressive shed, this property delivers it all. The real value lies in the land, with the home and shed offering additional benefits. With a stable income stream from the tenant or the option to live in the home while planning future projects, this is a prime opportunity. The land is zoned R20, with potential for subdivision into 12 lots, subject to council approval-making this an exciting long-term prospect. The house, built in 1935, has a vintage charm and character. The home still stands on some of its original old stumps, with the bark still intact, offering a nostalgic touch. Inside, the spacious rooms are both practical and welcoming. While the kitchen remains basic with the original meters stove, the rustic jarrah floorboards throughout add warmth and character. Recent upgrades include fresh carpet in some rooms, a fresh coat of paint, and an updated bathroom, blending modern comfort with vintage appeal. The massive shed with a concrete slab is a standout feature, providing ample space for storage or workshop needs. Property Details: Proposed Lot 120 8252 sqm with 116.16 m frontage, zoned R20 (subdivision potential for 12 lots, subject to council approval) City of Greater Geraldton council rates approx. $2,400 per annum Water rates approx. $290 per annum Built in 1935 Current tenancy at $280 per week, lease until 10/09/2025 This is your chance to secure a solid investment with great long-term potential. Don't miss out on this unique opportunity!

Features

4 bedrooms

1 bathroom

3 carspaces

1 carport space

2 garage spaces

House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Waggrakine over the last 12 months, the estimated median property value of 136 Chapman Valley Rd is $655k.

Median value

$655k

Estimated value range

$490k - $1.27m

Median days on market

Estimated value trend

19%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Waggrakine. 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 136 Chapman Valley Rd

2025

Sold

$490,000

17 Jul 2025 by Adele Surtees, of Ray White Geraldton

2022

Rented

Undisclosed

Leased on 28 Feb 2022 by Professionals Geraldton

Happy sellers in Waggrakine

We have insufficient information to provide an overview of customer satisfaction for Waggrakine. Viewing the agent profiles, reviews and sales for Waggrakine can provide insights for this location.