107 & 107A Thomas Street, Subiaco WA 6008

TWO PROPERTIES, TWO TITLES, ENDLESS POTENTIAL!

THE FEATURES YOU WILL LOVE:
Sitting on two titles, this is an unparalleled investment opportunity! This property provides endless options; plan and design your new home, add to your property portfolio, or secure your next development opportunity in this sought-after suburb. With the added benefit of DA approved plans available, this really is a prime development opportunity waiting to be unlocked. Built in the 1930s, this original character home has now been converted into two duplexes which currently have two separate tenancies in place. Each property sits on 354m2, and both offer 2 bedrooms, 1 bathroom and all the character features you can expect from a Subiaco home, from high ceilings, polished floorboards, fireplaces and ceiling roses just to name a few. Whether it’s the perfect blank canvas for development, or platforming off the existing homes, this property is the perfect landbank.

*107 Thomas Street currently on a periodic lease at $520 per week.
*107A Thomas Street currently on a periodic lease at $520 per week.

**DA APPROVED PLANS FOR THREE GREEN TITLE HOMES - Plans available to view on request and render images provided for reference**

THE LIFESTYLE YOU WILL LIVE:
A short stroll away from local cafes and restaurants – walkability is the name of the game! Picnic or stroll around Kings Park across the road, pick up your morning coffee or meet friends for drinks along Rokeby Road, you are spoilt for choice in this location. While hospitals, UWA and Perth City are just a few minutes’ drive away, buses and trains are also in close proximity to get you around. Discover a lifestyle of peace and convenience with a walkability factor second to none!

THE DETAILS YOU WILL NEED:
Council Rates: $1,795.92 per annum (107) | $1,799.71 per annum (107A)
Water Rates: $922.54 per annum (107) | $917.09 per annum (107A)
Land Area: 708m2 (354m2 each)
Zoning: R60