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
For further information or to arrange an inspection please contact:
Stephen Harrison RWC WA Mobile: 0421 622 777 Email: [email protected]