16 Nankivell Way, Koondoola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 730m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Koondoola in the last 12 months.
Set Date Sale: Absolutely all offers by 4:00pm Tuesday 11th February.*Contact Darcy for buyer feedback range*Please note that enquiries without a phone number will have a longer response time.What we loveThis the opportunity you've been looking for, a prime development site with tenants in situ to supply holding income.This 730sqm block is zoned R20/R40 and has retain-at-the-front and subdivide-at-the-rear possibilities and can potentially be developed into three lots too, all subject to Western Australian Planning Commission (WAPC) and local-council approvals.The home itself consists of a 3 bedroom, 1 bathroom brick and tile home with a separate lock up garage at the rear of the property.This property is currently tenanted at $540 per week until January with long-term tenants who are looking to remain in the property.What to know- 730m2 Block - Zoned R20/40- 3 Bedroom house- Retain and build potential- 3 Lot subdivision potential- Council rates $1,741.92 per annum- Water rates $916.13 per annum- Tenanted at $540 per week on a periodic leaseWho to talkDarcy Glynn0431 009 495dglynn@realmark.com.auDisclaimer:Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed. Buyers are advised to make their own enquiries as to the accuracy of this information.
The size of Koondoola is approximately 3.5 square kilometres. It has 9 parks covering nearly 45.8% of total area. The population of Koondoola in 2016 was 4055 people. By 2021 the population was 3919 showing a population decline of 3.4% in the area during that time. The predominant age group in Koondoola is 20-29 years. Households in Koondoola are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koondoola work in a labourer occupation.In 2021, 62.20% of the homes in Koondoola were owner-occupied compared with 62.60% in 2016.
Koondoola has 1,600 properties. Over the last 5 years, Houses in Koondoola have seen a 116.41% increase in median value, while Units have seen a 165.17% increase. As at 30 November 2025:
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