51 River Fig Avenue, Kununurra WA 6743
$470,000
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5 Bedrooms
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2 Bathrooms
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Landsize 1,181m2
Duplex
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Make your move! Business Base AND housing!
This is a rare opportunity to acquire commercial-zoned land on the edge of Kununurra Town Centre with significant future redevelopment options.
This residential duplex pair currently operates as a dual residential rental investment, although the (town centre) commercial zoning allows the operation of a business with the ability to also accommodate staff in the rear duplex unit (subject to council approval).
This is a rare opportunity to acquire a property approved for commercial use without the expensive commercial borrowing usually associated with a commercial property purchase.
Use cheap residential borrowing to acquire a commercial base for your business. Of course, it's also fine for 100% residential purposes too. Live in one and rent the other out, rent them both out, or accommodate an extended family across both houses. The options are plenty!
Includes two homes (3 bed + 2 bed) with the potential to move into one and rent out the other, rent both out, renovate and refurbish one at a time, or even convert them both to mixed-use / commercial-use.
Currently tenanted on periodic leases, these units offer a great opportunity to retain them as rentals or take possession yourself.
The two separately fenced properties, each with its own garage/shed and large yards, offer a massive combined land area of 1180 sqm and strong potential for flexible future development.
Contact us today to express your interest.
Property snapshot by reiwa.com
This property at 51 River Fig Avenue, Kununurra is a five bedroom, two bathroom duplex listed for sale by Brad Williams and Helen Farrell at Kimberley First National Real Estate.
For more information about Kununurra, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Kununurra profile page.
If you would like to get in touch with Brad Williams or Helen Farrell regarding 51 River Fig Avenue, Kununurra, please call Brad on 0429 194 920 or call Helen on 08 9168 2666, or contact the agent via email.
Nearby schools
Kununurra overview
The townsite of Kununurra is located in the Kimberley region in the extreme northeast of the state, 3214 kilometres from Perth. When the Ord River Irrigation scheme was being planned in the 1950s a townsite was included in the proposed development. Amongst other submissions of Aboriginal names put forward for the new townsite being created in the vicinity of the Ord River Dam was "Cununurra", said to mean "black soil" and to be the Aboriginal name for the Ord River according to Mary Durack. A Mr. Lewis of the Public Works Department reported that a soil survey undertaken in 1954 had disclosed that 99 per cent of the land to be irrigated from the dam was composed of "cununurra clay". This name was not favoured by the Postmaster-General's Department because of its similarity to place names in Queensland, New South Wales and South Australia. However, to compromise, that department suggested adopting the spelling, "Kununurra", this version being approved in March 1960. The townsite was gazetted in 1961.
Kununurra quick stats
High end
$640k
Median
$515k
Low end
$375k
This listing
14.4 %
Annual growth
$515k
Annual median sales price
N/A
Annual median rental price
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