29 Frank Freeman Drive Bandy Creek WA 6450

4 / 1 / 1 / 3.49 ha

Here you can find what you need to know about 29 Frank Freeman Drive , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Bandy Creek, WA and much more.

Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450
Property photo of 29 Frank Freeman Drive Bandy Creek WA 6450

Property Insights

29 Frank Freeman Drive Estimated Value

Estimate Unavailable

How do we calculate the Estimated Value?
Estimated Values or Automated Value Models (AVMs) are calculated using many different types of property and local market data. No one piece of information or factor alone will determine a property's value. Instead, CoreLogic AVMs use a broad range of data elements, including:
  • Property identifying information including address and/or assessor's parcel number and owner name
  • Prior sales of the property
  • Living area/square metres floor space
  • Year built
  • Number of bedrooms
  • Number of bathrooms
  • Lot size
  • Public record information collected from state and council records, such as deed transfers
  • Recent sales and listings of similar properties in the local market area
  • Area pricing trends

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.

Last sold for $815,000 on 16/06/2014

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Unavailable
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms 4
Bathrooms 1
Car Spaces 1
Land Size 3.49 ha
Floor Area -
House Type Unit: Standard
Council Area Esperance
Year Built 1979
Zone TOUR - Tourist
Lot/Plan 49/D057186 Bandy Creek WA
Property Type Unit

Last listing description (February 2013)

Esperance based Tourism zoned Park on 8.5 acres offering prime development potential at a realistic bank valuation price
The Esperance Chalet Village is located on 8.5 acres (3.49 ha) of land, with 17 units (7 two bedroom cottages, 4 large ???A??? Frame Chalets, 6 small ???A??? Frame Chalets) as well as a three bedroom, two bathroom managers residence and a large shed.
Located just five kilometres from the centre of town; the property has a 220m frontage to Bandy Creek, a tidal waterway and is a short stroll to Bandy Creek Boat Harbour and safe beaches. The property is connected to town water. All units are on septic tanks, with the deep sewer now approximately 1.5 km away from the Chalet Village due to the development of the Le Grande Estate.
With plenty of trees and expansive lawns and no passing traffic; makes this an ideal place for a family holiday. All units are fully self-contained and range from small ???A??? style studio chalets, to two bedroom cottages that sleep up to six people. All units are a good distance apart, ensuring privacy for guests and mini-golf, swings and half court tennis are available.
The website www .esperancechaletvillage.com.au provides more information.
A bank valuation was completed in 2011 based on the value of the land and buildings. This provided a fair market value of $1.35 million (exclusive of the business income). The property is zoned tourism and is a prime development site.
Key Selling Points
* Esperance is earmarked as a future Super Town by the State Government http://www.esperance.wa.gov.au/2/224/1/what_is_supertowns.pm
* Esperance is a prime tourist destination with approx 130,000 visitors per annum. http://visitesperance.com/
* Esperance is renowned internationally for its stunning coastal scenery with squeaky white sand and turquoise water.
* Esperance was voted Western Australia???s ???Best Town??? and Australia???s second ???Best Town??? by the Australian Traveller Magazine in March 2009.
* The subject property has a large land holding with tourism zoning.
* The property is within close proximity of the town centre, and has an enviable waterfront frontage in a natural bush setting.
* Freehold land with first class development potential with the possibility of strata titling and/or expanding the park.
* Asking price is supported by a recent bank valuation that provides a fair market value of $1.35 million (Land $1.1M and improvements $250,000). A replacement insurance cost is assessed at $1.7M.
Key Points of Interest
Address: Lot 49 Frank Freeman Drive Bandy Creek (5 km north of the Esperance town centre)
Zoning: Tourism
Area: 8.5 acres
Services: Water, Power and Telephone.
Sealed access road with frontage to Bandy Creek
Managers Residence: 2 storey ???A??? frame structure with 3 bedrooms and 2 bathrooms.
LGA: Shire of Esperance WA
Locale: Esperance is a beautiful coastal town located approx 720 km south east of Perth, and is serviced by a regular air and bus service. The region is very popular with tourists who are drawn to the area for its white beaches, Archipelago islands, fishing, boating, surfing, whale watching, 4 Wheel Driving, national parks and the unspoilt natural scenery and coastline.
Population: 14,000 approx
Key Local Industry: Fishing, Agriculture, Mining, Light Industry, Tourism.
Climate: Esperance enjoys a moderate Mediterranean-like climate all year round.
Services: The town has a complete range of services including all shopping, educational, medical, social and recreational facilities.
The Esperance Region is becoming a year round destination for Western Australians, Australians and international tourists. Esperance now boasts not only Australia???s best beaches and whitest sand, but also a variety of other unique attractions.
The Esperance region offers you the chance to escape to a paradise all of your own. The warm sun, fresh air and long stretches of isolated beach make this an ideal region to get away from it all. Devoid of high rise structures and crowds, the Esperance region is characterised by spectacular coastal scenery; an abundance of wildlife including seals, dolphins, whales, emus and sea eagles; pristine beaches; over a hundred islands and spectacular National parks.
The Esperance region is paradise for lovers of the water and the sun. The beaches are considered amongst the best in the world and while they provide ideal conditions for fishing, surfing, sailing and sand boarding, they are just as popular with nature lovers and sunbathers seeking relaxation.
I encourage seriously intending buyers who are looking for a prime park/caravan site to give this opportunity serious consideration. The owners are serious about selling and we expect this opportunity to capture strong interest not only from those of you looking for a lifestyle opportunity, but also from professional park owners looking to expand their portfolio of parks.
For fu

Property Timeline

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Development Permits

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Suburb Insights

Bandy Creek, WA 6450

No data available Part of: Esperance Council

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Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 29 Frank Freeman Drive, including the property sale history and estimated market value as well as insights into Frank Freeman Drive and Bandy Creek 29 Frank Freeman Drive Bandy Creek WA 6450