Added 13 days ago
49 & 51 Leonora Street, Como WA 6152
Price on Application
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Added 13 days ago
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Unlock the potential: Investment opportunity in Como
RWC WA proudly presents a golden opportunity to secure two income generating apartment buildings with promising redevelopment potential in Como, just 5.4km* from Perth CBD.
This exceptional property comprises two 2-storey walk-up apartment complexes, each housing four 2-bedroom, 1-bathroom units, all strata titled. Additionally, the property boasts development potential, allowing for the development on the rear land, yielding approximately 510sqm* of prime real estate or a complete redevelopment of the property. With a combined frontage of 40m* on Leonora Street and a rectangular shape featuring a sloping topography from east to west, this prime site offers an array of opportunities for investors.
Property features include:
• Land - 1,244sqm*
• Improved - 520sqm*
• Fully tenanted
• Projected gross income of $197,600pa ($139,292 net)
• Development potential for rear 510sqm* of land
Expressions of Interest closing 10 June 2024 at 4pm AWST.
For further information or to arrange an inspection please contact:
Stephen Harrison
RWC WA
Mobile: 0421 622 777
Email: [email protected]
Brett Wilkins
RWC WA
Mobile: 0478 611 168
Email: [email protected]
*Approximate
Property features
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Land area
1,244m2
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Floor area
520m2
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Tenure type
Tenanted investment
Property snapshot by reiwa.com
This commercial property at 49 & 51 Leonora Street, Como is listed for sale by Stephen Harrison and Brett Wilkins at Ray White Commercial (WA).
It has been described by the agent as ‘Unlock the potential: Investment opportunity in Como’.
If you would like to get in touch with Stephen Harrison or Brett Wilkins regarding 49 & 51 Leonora Street, Como, please call Stephen on 0421 622 777 or call Brett on 0478 611 168, or contact the agent via email.
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