142A & B Star Street, Carlisle WA 6101

142A and 142B Star Street are being offered together as one 1,113sqm site directly opposite Parnham Reserve in Carlisle. The site is zoned R30 and held on two survey-strata titles with no common property. It suits a triplex development (STCA), and two refreshed double brick and tile homes already on the site produce income from day one.

FOR THE DEVELOPER:
You can secure a 1,113sqm R30 site in a single transaction, without negotiating with separate owners. While you work through design, planning and approvals, the two existing homes return combined holding income of approximately $1,300 per week. That helps offset holding costs from settlement until you’re ready to build. Being opposite the park is also a selling point for the finished product.

FOR THE INVESTOR:
If you plan to hold, recent land-only sales nearby mean you’re effectively getting two solid brick and tile homes for little more than land value. You get rental income from day one, a park-front position, and a large landholding with long-term upside. You can hold for income, develop later, or keep your options open.

THE SITE:
• Combined land: 1,113sqm (142A: 552sqm, 142B: 561sqm)
• Zoning: Residential R30
• Two survey-strata lots, NO common property
• Directly opposite Parnham Reserve, with playground
• Local authority: Town of Victoria Park

THE HOMES:
• Two 2x1 double brick and tile duplexes
• Recently refreshed: new hybrid flooring, new carpet to bedrooms, fresh neutral paint
• Split-system air conditioning to living area and bedroom one
• NBN Fibre to the Premises
• Single carport, garden shed and security doors to each
• New and upgraded Colorbond fencing

THE NUMBERS:
• Combined holding income: approx. $1,300 per week (approx. $67,600 per annum)
• Council rates: $1,712 per lot ($3,424 combined)
• Water rates: $1,148 per lot ($2,296 combined)

LOCATION:
Close to Oats Street and Carlisle train stations, the Archer Street café strip, Curtin University, Belmont Forum, Crown, Optus Stadium, and the Perth CBD around 6.4km away.

Expressions of interest are invited for the purchase of both properties together, or individually (see separate listings for details).

142A and 142B Star Street are proudly presented by Jordan Cardozo and Martin Cardozo of RealtyWest.
Call Jordan on 0406 544 401 or Martin on 0416 193 008.

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DISCLAIMER:
This information is provided for general purposes only. Whilst every care has been taken in preparing this advertisement, no warranty or representation is made as to its accuracy. Interested parties should conduct their own inquiries to verify all information.