Reiwa Reiwa
51 River Fig Avenue, Kununurra WA 6743

51 River Fig Avenue, Kununurra WA 6743

$470,000


5 Bedrooms

2 Bathrooms

Landsize 1,181m2

Duplex

Contact the agent

Brad Williams

0429194920

Helen Farrell

0891682666

Kimberley First National Real Estate


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.

Nearby schools

East Kimberley College Combined Government 0.8km
St Joseph's School Primary Non-government 1.0km
Alta-1 Kimberley College Secondary Non-government 6.2km
St Joseph's School Primary Non-government 73.3km
Wyndham District High School Combined Government 73.5km
Dawul Remote Community School Primary Government 79.2km
Jungdranung Remote Community School Combined Government 94.4km
Ngalangangpum School Combined Non-government 150.4km
Purnululu Aboriginal Independent Community School Combined Non-government 182.2km
Kalumburu Remote Community School Combined Government 278.7km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5041048