Back 48 Ridge Elbow
Off Market

48 Ridge Elbow

Nickol WA 6714

4
3
4
680 m²
House
Last sold for $895,000

Overview

Elegant Executive Style Brick Home with Lease Flexibility in Nickol West, Karratha

The Phone Code for this property is: 51739. Please quote this number when phoning or texting. This stunning executive-style brick home offers both luxurious living and a unique investment opportunity. Currently under a lease contract until 2026, this property provides a reliable and healthy rental income at $1550.00 per week, with the flexibility for the new homeowner to break the lease if desired. The home itself is situated on a desirable corner block, offering side access - a great advantage. The gardens are beautifully established, creating a tranquil oasis feel, while the interior is modern, clean and polished, offering both comfort and style. This meticulously designed residence offers a blend of sophistication and comfort, ideal for families and professionals alike. Bedrooms - 4 Bathrooms - 2 Car spaces - 2 * this property has side access, creating additional room for a boat, trailer or caravan. Land size - 680sqm Key Features: Spacious Living Areas: Open plan living and dining areas filled with natural light, perfect for entertaining. Gourmet Kitchen: Featuring quality appliances, ample storage, and sleek finishes. Master Suite: A tranquil retreat with a walk-in wardrobe and a luxurious en-suite bathroom. Generous Bedrooms: Well-appointed bedrooms with built-in wardrobes. Outdoor Oasis: Beautifully landscaped garden and alfresco area, ideal for outdoor dining and relaxation. Double Garage: Side access parking with additional storage space, perfect for a boat or caravan. Corner Block with side access: Plenty of space for your boat or caravan. Investment Highlights: Reliable and Healthy Rental Income: Home is currently under lease until 2026, with 2 year extension preferred. Lease Flexibility: Option available for the new homeowner to break the lease if they wish to move in sooner. Situated in a quiet and safe community with easy access to local amenities, schools, parks, and recreational facilities, this property is perfect for both investors and future homeowners. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

4 bedrooms
3 bathrooms
4 carspaces
680 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Nickol over the last 12 months, the estimated median property value of 48 Ridge Elbow is $793k.

Median value
$793k
Estimated value range
$535k - $1.05m
Median days on market
44
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nickol. 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 48 Ridge Elbow

2025
Sold
$895,000
Private Sale/Treaty on 30 Jun 2025

Happy sellers in Nickol

89%
89% of sellers in Nickol reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Nickol over the last 12 months.

Local market activity for 4 bedroom houses in Nickol

In the last 12 months, 40 four-bedroom houses similar to 48 Ridge Elbow, have been sold.

This represents a 22% increase in four-bedroom houses sales when compared to the previous 12 months.

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