209 Riseley Street, Booragoon WA 6154

Subdivide and prosper

Astute developers take note, a plum R40 development block with strong rental income until March 2023.

713sqm of prime development soil, strategically positioned only footsteps from the best of Booragoon's amenities including Westfield shopping complex, parklands, major transport hubs and sought after schooling options.

Zoned R40 and boasting broad frontages, the green title site is perfect for your next development.

The existing 1970's home has been updated and modified making a sound rental investment until you are ready to unlock the blocks true potential. The homes accommodation comprises of four bedrooms, renovated bathroom, updated kitchen, living and meals area, easy care gardens and carport.

The current owners have building plans for two modern, double storey luxury homes that can be viewed upon request.

Endless opportunities await, don't wait until it's too late.

Note, the property is leased on fixed term lease until 1st March 2023 at $535 per week.