This very well maintained and renovated 1970's double brick and tile duplex pair will show excellent rent return on investment, and also significant capital growth with the potential to subdivide and develop the rear land in the future.
Present owner has held the property since 2003 and now is the time for them to move to retirement and sell the asset.
Presently both sides are tenanted on periodical leases and at least one of the tenants is keen to stay on if given the opportunity.
Features include:
• 2 x 2 bedrooms , 1 bathroom and toilet
• Undercover parking for both units
• 2125m2 with a 20.12m frontage and zoned R20
• No Strata Fees - both 2 bedroom duplex units are on a 2125m2 freehold green title
• Rates : Water - $ 388.15 p.a. Shire - $ 2212.99 p.a.
This property at 202A Station Street, East Cannington is a four bedroom, two bathroom house sold by Michael Smart at Ray White Cannington on 24 Jul 2022.
Looking to buy a similar property in the area? View other four bedroom properties for sale in East Cannington or see other recently sold properties in East Cannington.
East Cannington is an established suburb southeast of Perth. East Cannington's most substantial development period occurred during the 1960s and 1970s.
Parks and reserves characterise the sections of the East Cannington landscape not used for housing purposes with minimal commercial activity in the area. While predominantly the suburb relies on facilities in surrounding neighbourhoods, there is a small shopping centre within the East Cannington precinct that takes care of immediate grocery and amenity requirements.