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21 North Street, Swanbourne WA 6010

OFFERS

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$2.5M - $2.75M Medium Confidence Calculated based on our search observations.

House 1 Bed 1 Bath 1 Car 306 m² 90 m²

Listed: yesterday

Overview

Situated in a prominent corner location in the heart of Swanbourne, this distinctive property offers a multifaceted opportunity that blends living, business, and investment. The property benefits from an R60 (L) zoning with an additional permitted commercial use, allowing for versatile options including boutique businesses, mixed-use developments, or other commercial ventures subject to approval.

The commercial area, encompassing approximately 90 square meters, enjoys excellent street exposure and dual access, making it highly visible and accessible for a variety of professional uses such as medical consulting, retail, or beauty services. The fully air-conditioned space has a history of hospitality use, previously functioning as a café and giftware store, which adds to its flexible potential.

Behind the commercial premises, a comfortable one-bedroom residence complete with a separate living room featuring a fireplace, an eat-in kitchen, and bathroom complements the site. This residential component is well-suited for an owner-operator seeking the convenience of live-work arrangements or as an additional rental income source.

This rare combination of residential and commercial elements in an esteemed suburb caters to a range of buyers, including entrepreneurs, investors, and professionals desiring a unique property that facilitates both lifestyle and business ambitions. The property's corner position, strong street presence, and flexible zoning create a distinctive proposition in one of Perth's sought-after western suburbs.

Prospective buyers will appreciate the property's excellent location and the breadth of opportunities it offers, enhanced by the functionality and character of both the commercial space and the residence.

Local Market Insights

In Swanbourne, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $2,865,385. The property type mix of listed properties is predominantly Houses at 69%, followed by apartments (19%), and units (8%). The most active agency for houses in the Swanbourne area is currently Ray White, representing 46% of new listings, followed by Belle Property with 15%. 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.