Reiwa Reiwa
58 Grey Street East, Albany WA 6330

58 Grey Street East, Albany WA 6330

Sold price: $1,500,000
Sold
Sold: 19 May 2022

11 Bedrooms

11 Bathrooms

11 Cars

Landsize 2,046m2

House

Contact the agent

Al Fasolo


Central Investment Opportunity

* 2046m2 land zoned R30
* House (2 units) plus 3 units – brick and colourbond
* 1 x 1 bedroom, 3 x 2 bedrooms, 1 x 3 bedroom
* All fully leased returning $81,900 per annum
* Future potential to subdivide into strata lots
* Continue to run as long-term rentals or change to short term accommodation
* Rent increases as leases are renewed over next 6 months, should result in income increasing to $86,000
* In the heart of the city

Property features

  • Garages 11

Nearby schools

Albany Senior High School Secondary Government 0.6km
Albany Primary School Primary Government 0.8km
Bethel Christian School Combined Non-government 2.1km
Spencer Park Education Support Centre Primary Specialist 2.5km
Spencer Park Primary School Primary Government 2.5km
John Calvin School Combined Non-government 2.5km
Yakamia Primary School Primary Government 2.6km
Parklands School Primary Non-government 3.0km
St Joseph's College Combined Non-government 3.2km
Mount Lockyer Primary School Primary Government 3.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4557329