11 Kenny Street, Bassendean WA 6054

LEASED INVESTMENT WITH REDEVELOPMENT POTENTIAL

Rare opportunity to purchase character consulting/medical rooms within the Bassendean Town centre.

Existing improvements comprise a character brick and tile residence converted to medical consulting rooms with ample on site parking to the rear of the property. Historically used as a Doctor's surgery, the premises are currently leased as consulting rooms.

Capitalise on significant local investment within the town centre and nearby train station.

Features of this opportunity include:
* Lettable area of 145sqm (approx)
* Land area of 742sqm (approx)
* The site is zoned Town Centre (R-AC3) affording high density redevelopment potential (subject to council approval)
* Leased at $32,220pa gross until 31 March 2025, with fixed 3% annual increases.
* The buildings could easily be converted back to the original residence if desired.
* This property has many options and suits investors, developers and owner occupiers alike.

For further details or to arrange an inspection, contact Tim on 0421 703 340.