Net Income of $34,163 for 2014/15 (Tenant covers Rates, Land Tax & Insurance)
Less than 550m walk to Maylands Train Station, Properties like this rarely come to market. Collect the Rental income whilst designing your plans & submitting for approvals. This property offers incredible convenience & excellent proximity to amenities including caf's, public transport (including Train), parks, schools, shopping centres, the list goes on and on, this property will not last.
Features include:
- 1012m2 DEVELOPMENT POTENTIAL BLOCK
- Zoned R40
- Elevated Location with Potential City Views (See Images)
- 20.1metre frontage
- Fixed Lease in place with Net Income for 2014/15 of $34,163 per annum ($2,847 per month) until 31/08/2017
- Collect the Rental income whilst designing your plans & submitting for approvals.
Proximity to Amenities:
- 5.5Km's to Perth CBD.
- 550m walk to Maylands Train Station.
- 650m walk to Cafes & Eateries in Maylands Precinct on Eighth Avenue & Whatley Crescent
- 650m walk to Beaufort Street Inglewood Precinct with Caf's, Restaurants, Bunnings, Post Office, the list goes on etc.
- Less than 1KM to Coles Maylands & only 4.4Km to Morley Galleria Shopping Centre
- Only 600m walk to Shearn Park
(n.b. all measurements & distances are approximate)
*DISCLAIMER: Buyers should rely on their own due diligence investigations and make their own enquiries in respect to the development potential of this property.
