21 Tuscan Street, Rossmoyne WA 6148

Investment Goldmine with Development Potential

Morgan and Hayes Real Estate proudly presents this rare opportunity to secure a prime investment property at 21 Tuscan Street, Rossmoyne. Spanning a generous 2023 sqm and zoned R30, this property offers immense potential as a 6-unit development site (subject to WAPC approval), making it a standout opportunity for developers and investors alike.

The current site features three well-maintained triplex dwellings. These units offer immediate rental income, providing a reliable cash flow while planning for future development.

Current Lease Details:
- 21A: Leased at $630 per week, fixed until 12/01/2025
- 21B: Leased at $500 per week, fixed until 12/04/2025
- 21C: Leased at $420 per week, fixed until 26/11/2024

Whether you choose to maintain the existing rental arrangements, redevelop the site, or land bank for future gains, this property offers unparalleled flexibility and potential.

Located in the sought-after suburb of Rossmoyne, the property benefits from excellent access to prestigious schools, shopping centres, public transport, and key amenities, ensuring continued tenant demand.

Don't miss out on this exceptional chance to secure a high-yield property with significant development potential. Contact Morgan and Hayes Real Estate today to explore your options and arrange a private viewing.

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.