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Back 188 Arkana Road
Off Market

188 Arkana Road

Westminster WA 6061

3
1
House
Tim PriestTim Priest, last sold this property on 22 June 2023 after 48 days on market.

Overview

Prime Development Site

Take advantage of the larger block to comfortably build 3 units on this site. (subject to council approval) This location is fantastic giving the developer a great opportunity to build new homes that will be in easy access to the Perth CBD via Flinders street, Yokine. Also close to schooling and shops, plus Reid Highway. The buyer of this site can also benefit from; *A seller than is prepared to negotiate a settlement date *The seller may consider a rent back for a period while you get your development application in order *Take advantage of a tight rental market - rental income while you submit application for approvals *The seller is happy to consider offers that include a buyer due diligence clause giving you time, in a hot market, to do your research The below information must be independently verified by any prospective buyer via independent enquiries to relevant authorities. *Residential R40 (build 3 or maybe 4 villas, being in each case subject to relevant authority applications and approvals) *22.63m frontage *862m2 being a good size of land to work with *3 x 1 home built around 1962 There will be no set time home opens as this is a land value price - with the purchaser getting the added bonus of a 3 x 1 house (that is presently lived in.) The purchase will be on a "buy the home as is basis". Call Tim Priest from Professionals Mount Lawley (all email enquiries must include a mobile number please)

Features

3 bedrooms
1 bathroom
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Westminster over the last 12 months, the estimated median property value of 188 Arkana Road is $775.5k.

Median value
$775.5k
Estimated value range
$600k - $1.13m
Median days on market
15
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Westminster. 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 188 Arkana Road

2023
Sold
Undisclosed
22 Jun 2023 by Tim Priest, of Professionals Michael Johnson & Co - Mount Lawley

Happy sellers in Westminster

96%
96% of sellers in Westminster reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 27 reviews in Westminster over the last 12 months.

Local market activity for 3 bedroom houses in Westminster

In the last 12 months, 66 three-bedroom houses similar to 188 Arkana Road, have been sold.

This represents a 48% increase in three-bedroom houses sales when compared to the previous 12 months.

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Adam Naumovski

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Joe de Vecchis

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