218 Fulham Street, Cloverdale WA 6105

Town Centre Development / Investment Site

Proudly Presented by Fulton Borthwick

Rare as hen's teeth!

Here is an opportunity just too good to let slip through your fingers. Situated in the Town Centre Business Precinct C, directly opposite the Belmont Forum Shopping Centre, this property offers the smart investor / developer a host of exciting opportunities given the additional land use possibilities the local government may approve, such as:

* Art gallery
* Consulting rooms
* Office
* Studio
* local council have also advised potential to build commercial downstairs and residential upstairs. Strongly recommend buyers carry out their own due diligence with regard to potential development options.

Features include:
* Rectangular Green Title Lot of 728sqm
* Residential Potential with base zoning of R20/50/100
* Frontage 18.1m
* Depth 40.23m
* Development potential with mixed-use potential (STCA)
* Excellent options to maximise yield via commercial rates
* Currently leased on a continuous basis to the same tenant since 2008. However vacant possession available from 01/07/2022
* 3 bedroom 1 bath brick and tile home currently configured and used for Bridal Couture

Outgoings:
* Council Rates: $1,998.52 (21/22FY)
* Water rates: $1,237.28 (01/07/21 to 30/04/22)

To avoid disappointment please call Fulton Borthwick on 0481 19 44 39

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.