Listings

11 Phoebe Street, Southern River WA 6110

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Southern River - 4Ha Urban Deferred Land Holding

  • Property TypeLand & Development
  • Asking Price$3,200,000
  • Floor Area-
  • Land Area4.03 Ha

Sterling Property as Exclusive Agents are pleased to present for sale, Lot 11 Phoebe St, Southern River.

The Opportunity,
Southern River is a popular suburb that has seen significant development and growth over the recent years. Lot 11, a 4Ha property is situated beside a number of active developments south of Southern River Rd. This Urban Deferred property provides an opportunity for the astute buyer to secure a large landholding within the suburb of Southern River.

Southern River
Southern River has proven itself to become a suburb of choice for many 2nd, 3rd or 4th homebuyers which is reflected in the median house price growing by 18% over the past 12 months to $755,000 and rental growth of 23% pa.

Key Features:
– 40,277 sqm (approx)
– MRS Zoning: Urban Deferred
– Tenure: Vacant Possession
– Zoning: General Rural
– No Structure Plan over site
– Outgoings $6,000 PA
– Residential lot yield of 62 lots (subject to planning approvals)
– Services to be provided to boundary via development which is under construction to east

Sales Process:
Lot 11, is For Sale with an asking price of $3,200,000 Inc GST.

For further information on this opportunity contact Sterling Properties Exclusive Agents Simon Brady and Vincent Siciliano.

Simon Brady

Simon Brady

Associate Agency

0407 486 401

Learn More

Property ID: 4073454

Sterling Property

11 Phoebe Street, Southern River WA 6110

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