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RARE FIND
Entire block of 9 strata titled apartments. Situated on 809sqm of valuable land in the golden triangle of Crawley.
Strategic located this property has massive redevelopment potential under the new code.
This rare find offers a brilliant opportunity for superannuation funds, multiple family ownership or multiple company ownership, due to the uniqueness of 9 individual titles.
With a current income of $105,000 set to increase dramatically at the end of the Residential Tenancies Covid period at 31st March 2021. This block of apartments offers a true multitude of options.
Owning complete blocks of units like this is such a desirable property investment module for many investors which is enhanced by already being strata titled.
Great opportunity to upgrade and produce very high short term accommodation revenue with this strategic location so very close to UWA, Perth City, and our glorious Swan River Foreshore.
This is certainly a unique opportunity.
Contact Mark Hay on 0418 953 742 today.
Property features
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Carports
1
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Floor area
809m2
Property snapshot by reiwa.com
This property at 150 Fairway, Crawley is a one bedroom, one bathroom unit sold by Mark Hay and Veljko Lazovic at Mark Hay Realty Group on 06 Feb 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Crawley or see other recently sold properties in Crawley.
Cost breakdown
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Council rates: $1,222 / year
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Water rates: $961 / year
Nearby schools
Crawley overview
Crawley is a small suburb located within the municipality of the City of Perth. Home to the University of Western Australia, the state's oldest university, a large portion of the suburbs demographic is made up of students who reside within Crawley Village, a collective group of properties owned and operated by the university.
Life in Crawley
Beautiful scenery at every turn defines the Crawley landscape. With the banks of the Swan River at its door steps and the beautiful skyline of Perth City within view, the stunning vistas of the suburb will never tire. Features of note include the Matilda Bay Restaurant and Bar which presents a fine dining experience on the water and the Royal Perth Yacht Club, which is often used as a stunning venue for weddings and other celebratory occasions.
Crawley quick stats
High end
$2.1m
Median
$1.3m
Low end
$1.3m
5.7 %
Annual growth
$1.3m
Annual median sales price
$1,250pw
Annual median rental price
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