15 Addis Street, Lamington WA 6430

This is not your everyday property, this large parcel of land in the heart of the highly sought after location of Lamington is situated on 1011m2 and has been sectioned off to 2 parts. On the left hand side is a property that is currently leased out and generating income and then to the right hand side is another dwelling where the land is currently under a peppercorn lease for a remaining 16 years.

Features include (for the dwelling included in the sale):
• 4 bedrooms
• 1 bathroom (tastefully renovated)
• Built in robes to 2 bedrooms
• Open plan kitchen and living area
• Split systems fitted to living area, main bedroom & 2 minor rooms
• Floorboards throughout
• Natural gas (cook top, instant hot water system)
• Decked patio area for entertaining
• Rear lane access with room for vehicles, caravan or boat
• Uncovered parking to the front
• Leased at $580.00 per week until October 2024.

Additional information
• Approx. 460sqm of land included in this sale, is currently under a peppercorn lease until the 19th December 2040
• Buyers are encouraged to obtain their own independant advice in regards to the peppercorn lease
• Total land area included in this sale is 1011m2, which includes the approx. 460sqm under lease.
• Peppercorn lease holder is responsible for maintaining the land under lease, any structures on the land and are responsible for any expenses in relation to the land.

This is a unique opportunity and not one you want to miss out on, call today to arrange an onsite inspection or to discuss this opportunity further.

**Conjunctionals Welcomed

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy can not be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on the pertinent matters. Details herein do not constitute any representation by the owner or the agent and are expressly excluded from any contract