Back 58 Banks Avenue
Off Market

58 Banks Avenue

Hillarys WA 6025

4
2
2
684 m²
House
Barney FleiserBarney Fleiser, last sold this property on 19 December 2024 after 31 days on market.

Overview

Sorry! It's Gone - Under Contract!

Lucrative Development Opportunity This property is zoned 'Centre' R80 mixed use Offering unmatched versatility for residential and/or commercial development, this prime location boasts high visibility and convenience. Situated directly opposite Whitfords Shopping and Entertainment Centre, diagonally across from St. Mark's School, and close to beautiful beaches, parks, public transport, and all your daily conveniences. Property Options: - Residential and/or Commercial Development - Take advantage of the prime site with a 100% plot ratio and 3-4 storey height restriction (subject to approvals). Perfect for a sizeable development offering excellent returns on investment. - For Example: A residential development comprising of 9 apartments of 76sqm each with a conservative current market sale value of over $700k per unit and a total price of over $6.3million - Commercial Office or Business Premises – Convert the current house to a business premises and leverage its excellent high-exposure location. - A Family Home - Move straight in and enjoy the existing residence. This property forms part of the Whitford Activity Centre Plan. Click here for more information: https://www.joondalup.wa.gov.au/awcontent/Web/Documents/Structure%20Plans/Whitfords-Activity-Centre-Plan.pdf Property Features: Spacious Living Areas - Formal lounge with abundant natural light - Open-plan, split-level living and dining area leading to the patio and pool, featuring reverse cycle air-conditioning - Additional activity room or study Functional Kitchen - Double-door pantry - Stainless-steel appliances - Dishwasher Master Bedroom Retreat (Upstairs) - Reverse cycle air-conditioning - Walk-in wardrobe - Balcony overlooking the pool and yard - Ensuite with shower, WC, and large vanity Additional Bedrooms - Bedroom 2: Reverse cycle air-conditioning and built-in wardrobe - Bedroom 3: Built-in wardrobe - Double-sized 4th bedroom/home office/theatre room with extensive cupboard space Modern Bathrooms & Laundry - Main bathroom with bath/shower and vanity - Laundry with ample cupboard storage Outdoor Entertaining & Amenities - Large covered patio - Salt chlorinated pool with Chemigem system - Barbecue gas point off mains - Fully enclosed front yard with spacious lawn and garden Additional Features - Huge powered shed/workshop/games room - Fully reticulated gardens and lawns - Double carport with automatic garage door This information is for general guidance only, no warranty or representation is made as to its accuracy and should not be relied upon by any interested buying parties nor can the agent or seller be held liable or accountable for any details provided.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
684 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Hillarys over the last 12 months, the estimated median property value of 58 Banks Avenue is $1.57m.

Median value
$1.57m
Estimated value range
$1.06m - $17.5m
Median days on market
14
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hillarys. 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 58 Banks Avenue

2024
Sold
19 Dec 2024 by Barney Fleiser, of Listed Estate Agents

Happy sellers in Hillarys

93%
93% of sellers in Hillarys reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 56 reviews in Hillarys over the last 12 months.

Local market activity for 4 bedroom houses in Hillarys

In the last 12 months, 72 four-bedroom houses similar to 58 Banks Avenue, have been sold.

This represents a 32% increase in four-bedroom houses sales when compared to the previous 12 months.

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