5 Sleight Street, St James WA 6102

Outstanding Development Opportunity with R40 Zoning

*** This home is sold on an as is basis.

Presenting an outstanding investment opportunity in the centrally-located suburb of St James. This offering includes a tenanted three-bedroom house situated on a level 759sqm R40 lot, conveniently positioned near universities, major roads, shopping centres, and parklands.

This spacious lot allows for the possibility of subdividing up to 3 lots (subject to council & WAPC approval),

Features include:

- 759sqm block zoned R40 with 18.2m frontage
- Triplex potential or subdivide into 2 street front lots (STCA)
- 3 bedrooms
- 1 Bathroom
- Single carport
- Currently rented at $500Pw until 5/9/2024 - tenant is willing to sign another 12 month lease.

Centrally located being approx. 3kms from Perth's largest shopping center Westfield carousel and the Waterford shopping centre, kms from Curtin University, Cannington train station (currently under metronet upgrades) & approx 6km from Perths CBD.

You are also in easy access to most of Perth having major arterial roads nearby including Leach Highway, Albany Highway and Manning Road.

If you are looking to land bank or subdivide in an established suburb with a growing demand and new infrastructure at your doorstep this one should be at the top of your list!

Nows the time to act with Perth being an investor hotspot due to strong rental returns and with Perth being the second most affordable capital city, Contact Charlie on 0423 838 277

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.