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8 Ellerby Street, Glendalough WA 6016

Offers By Wed 4 Nov

Search Band Search Visibility Band

$2M - $2.1M Medium Confidence Calculated based on our search observations.

House 6 Beds 2 Baths 3 Cars 1025 m²

Listed: yesterday

Overview

This substantial 1,025sqm corner property in Glendalough offers a unique investment and lifestyle opportunity through its dual fully renovated, separately titled residences. The presence of two modern homes on sizeable survey-strata lots provides flexibility for multi-generational living, rental income, or redevelopment potential.

The first home is a stylish, low-maintenance 2-bedroom residence featuring modern finishes, a renovated bathroom, comfortable living areas, and a lock-up garage surrounded by outdoor spaces ideal for easy living. The second property is a larger 3 to 4-bedroom family home boasting generous open-plan living, a chef's kitchen, versatile rooms for work or guests, and expansive alfresco entertaining areas alongside an expansive backyard. Valuable side access enhances practicality by accommodating additional vehicles, boats, or caravans.

For developers or investors, the property has distinct subdivision prospects, including retaining both homes and creating a new additional lot, or pursuing a four-lot redevelopment subject to authorities’ approvals. The existing homes' rental potential can also be maximised independently or combined, offering immediate returns and future growth possibilities.

Located conveniently close to popular recreational spots like Lake Monger and Herdsman Lake, and with easy transport links including proximity to Glendalough Train Station and freeway access, this property suits families and investors seeking lifestyle and connectivity. Educational institutions nearby further enhance the appeal for extended families or buyers prioritising schooling options. Overall, this rare landholding combines practicality, lifestyle, and development potential in a sought-after area of Western Australia.

Local Market Insights

In Glendalough, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $1,713,833. The property type mix of listed properties is predominantly Houses at 62%, followed by apartments (21%), and units (7%). The most active agency for houses in the Glendalough area is currently Belle Property, representing 39% of new listings, followed by First National with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.