A rare piece of Perth’s western suburbs history has hit the market after being owned by the same family for almost six decades.
The landmark circa 1925 built property at 11 Pearse Street, Cottesloe occupies a prime 1181sqm landholding just 200 metres from Cottesloe Beach.
The property was bought by farmers in 1966 to establish a city base and prepare for their children's high school education.
The Cottesloe property sits on prime land facing the golf course, just 200 metres from the beach. Picture: realestate.com.au
Seeking offers from $13.95 million, ‘Richon,’ named after a winery, has strong historical Cottesloe links according to sales agent Bev Heymans from Belle Property.
“The owners - that are deceased now - were Wheatbelt farmers. He married Fleur Harvey in 1939, she was the daughter of the longest running person on the Cottesloe Council,” Ms Heymans said.
The home has subdivision potential. Picture: realestate.com.au
The home – which has been held by the same family since 1966 – offers the potential to subdivide the lot into up to four blocks, or the new owners can build a new home, or renovate the existing four-bedroom, three-bathroom home.
“It is a pretty hot property, but if someone's going to do a big renovation… you're looking for someone who's probably got a $20 million budget, so a slightly bigger budget,” Ms Heymans said.
“It's just a beautiful property.”
The original Edwardian styled bungalow has 26 metres of north facing frontage onto Pearse Street. Picture: realestate.com.au
Hallmarks of the home’s heyday include a porthole window, leadlight windows, intricate mouldings, and a fireplace. Picture: realestate.com.au
The historical home is part of the Town of Cottesloe’s municipal inventory and its statement of significance notes that the residence is an example of the “predominant architecture in Cottesloe prior to WWI in a spacious setting”.
The 1181sqm block has subdivision approval for two blocks, and potential to split into three or four blocks. Picture: realestate.com.au
It notes that the Edwardian styled bungalow features Marseilles style terracotta tiles, a gabled roof and bay window, while turned veranda posts are embellished by fretted brackets and turned balusters.
Hallmarks of the home’s heyday include a porthole window, leadlight windows, intricate mouldings, and a fireplace.
The home has been in the same family for almost six decades. Picture: realestate.com.au
The home’s north-facing aspect and golf course views, wide verges and close proximity to the beach were among the property’s standout features, Ms Heymans said.
“I've had good interest. Interest has been at this point, primarily more to develop,” she said.
“I personally love the whole house- it’s got the most magnificent setting.
“You'd have probably a handful of properties in Cottesloe that have that land size - you wouldn't get another one in that location.”
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