This level site with a current income stream is zoned R40 and presents a fantastic opportunity as this area is currently experiencing a renaissance.
Close to the Wilson Primary School and a new child care centre, public transport and with Leach Highway just around the corner access east to the airport and west toward Fremantle is so simple.
Develop now or hold and have a regular income of around $64k per annum so there are options here.
At present 4 dwellings on the site are leased and the history of occupancy is very strong so in many ways it 'stacks up'.
This closing date sale ends at 4pm on 6th August while the seller reserves the right to sell prior to that date.
So DON'T DELAY do your homework and make sure you don't miss out!
This land listing located in Wilson was sold by Brian Devereux at Gateway Residential WA.
If you would like to get in touch with Brian Devereux regarding 48-50 Armstrong Road, Wilson, please call 0418 959 219 or contact the agent via email.
Development of the Wilson area began in 1954 when the State Housing Commission resumed some land and T.M. Burke Pty Ltd subdivided some adjoining land. After dispute on the name of the suburb, it was not until January 1960 that the name Wilson was approved for the suburb.
Wilson is bounded by Manning Road in the north, Fleming Avenue in the east, the Canning River in the south, and the City of South Perth and Centenary Avenue in the west. Located only nine kilometres from the city and three kilometres from Curtin University's Bentley Campus, Wilson is a popular suburb for students with direct bus routes to both destinations.