Reiwa Reiwa
1 Sunbury Road, Burswood WA 6100

1 Sunbury Road, Burswood WA 6100

Price on Application


Other

Contact the agent

Brett Wilkins

0478611168

Stephen Harrison

0421622777

Ray White Commercial (WA)


Fully Leased 8 Apartment Investment

RWC WA proudly presents 1 Sunbury Road, Burswood, a fully leased 8-unit apartment complex on a 1,029m²* corner landholding, offered for sale with 100% freehold ownership.

Positioned in one of Perth's best-known inner-metropolitan precincts, the asset delivers immediate cash flow with clear reversionary and development upside.

Corner position with dual street frontage (~51m* Clydesdale Street / ~20m* Sunbury Road)
Zoned Residential R60

Highlights:
• Land: 1,028.61m²
• 8 residential apartments (all 1-bed, 1-bath, 1 car bay), 100% tenanted
• Passing Net Income: $147,400* per annum. Projected Net Income: $182,778* per annum. Based on $580 per week per unit (circa 26% uplift)
• 6 renovated, 1 partially renovated, 1 unrenovated, air-conditioned throughout
• Well-maintained common areas and landscaping
• Air-conditioned throughout

VALUE-ADD POTENTIAL

• Refurbishing the remaining 2 units offers further rental and tenant quality upside
• Approx. 350m²* of undeveloped land presents potential for 2 townhouses or 4 additional apartments alongside the existing units (STCA)

This asset offers investors a rare combination: secure income, defined rental growth and future development potential in a high-demand inner-city location.

Contact the exclusive selling agents:

Brett Wilkins 
+61 478 611 168
[email protected]

Stephen Harrison
+61 421 622 777
[email protected]

*Approx.

Property features

  • Land area 1,029m2
  • Floor area 256m2
  • Tenure type Tenanted investment

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5069740