SoldJan 14, 2019

69 Broadway, Nedlands, WA, 6009

$1,320,000

5
2
2

House

Sold: Jan 14, 2019

What's around 69 Broadway

$$LANDBANK JACKPOT$$

Rarely in Perth is there the opportunity to purchase such a unique and interesting property. The landholding is currently being considered for rezoning to R160 by the WAPC, and as such there is potential to develop and subdivide, subject to planning approval. The neighboring property is also available, and offers a combined prime corner landholding of 1055 sqm ripe for redevelopment. Perfectly located in terms of access and amenity on the corner of a leafy, tree-lined Street, this circa 1938 building sits on a 506 m2 land-holding. An outstanding feature of the property is the giant Poinciana tree – planted in the 1960s and now a prominent feature of the area, enhancing both indoor and outdoor areas with its magnificent foliage. Over the years the property has been extended and upgraded to offer two floors linked by a hydraulic lift and stairs. Upstairs and downstairs mirror each other in terms of floor plan. The ground floor used to operate as an iconic business, famously frequented by the likes of (Barry Humphries and Michael Jackson) while on the second level is a charming private residence. The first-floor residence offers two bedrooms (the main with walk-in robe and en suite), plus formal lounge and dining areas, a kitchen, a combined bathroom/laundry and a relaxed and intimate sitting room. Also on this level is a fully secure, wooden-floored outdoor room that could be extended even further, plus another delightful alfresco area screened by trees. Many period features, including lofty ceilings, stained glass and genuine wrought iron, further enhance the character of the building, while more contemporary facilities include reverse-cycle ducted air-conditioning and a bidet in the en suite. There is off-street parking for 4 vehicles, plus a double lock-up garage with direct lift access for security and convenience. The ground floor could be converted with relative ease into another completely separate residence to accommodate guests or extended family members, or be let out to provide income. It requires restoration and renovation. Nedlands, a verdant, well-established suburb, is nestled between the river and the sea and in close proximity to the CBD. The property itself is within easy walking distance of The University of Western Australia, the beautiful Swan River foreshore with its abundant walking and cycling paths, numerous restaurants and cafés, a large shopping centre and excellent public transport. The combination of beautiful gardens, intriguing history and charming period features makes this property a brilliant opportunity for the astute and inventive buyer.

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