Sold
73 Mary Street, Como WA 6152
Sold price: $1,277,500
Sold: 02 Jul 2020
Sold
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11 Bedrooms
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7 Bathrooms
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4 Cars
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Landsize 807m2
Unit
View
Seven Apartments On One Title!
On this 807 sqm block of land are seven apartments all on one title with a potential annual income of $82,000 (Being a gross sum on a fully leased basis).
This mix of three one bedroom/one bathroom and four two bedroom/one bathroom units with only two renovated, has scope for improvement to increase the rental income even further. There are garages for three vehicles.
Or this R30/40 development site could be re-developed into two or three green title properties. (A fourth might be possible subject to local council approval).
Or strata title all the units and sell them individually.
Or there is the potential to re-build seven apartments.
In such a sought after suburb near the Perth CBD, Swan River, Shops, schools and transport, this opportunity could not be more over stated.
Contact Bill Mckenzie with any enquiries.
*Some of the above information is based on information given by The City of South Perth and any plans for re-development requires their approval.
Property features
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Garages
4
Property snapshot by reiwa.com
This property at 73 Mary Street, Como is a eleven bedroom, seven bathroom unit sold by Bill McKenzie at Soco Realty on 02 Jul 2020.
Looking to buy a similar property in the area? View other eleven bedroom properties for sale in Como or see other recently sold properties in Como.
Cost breakdown
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Council rates: $10,061 / year
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Water rates: $5,629 / year
Nearby schools
Como overview
Como is an established suburb bound to the west by the Canning and Swan Rivers. Part of the City of South Perth's municipality, Como experienced its most significant development during the 1950s and 1960s, with gradual growth since the early 1990s as new dwellings were added to the area.
Life in Como
Parks and reserves are a dominant aspect of the Como landscape, such as one of Como's most notable features the international standard 27 hole Collier Park Golf Course. The Como Hotel is a popular bar, café and restaurant in the suburb and a recognisable fixture of Canning Highway. There are also some shops in the area to service local requirements, as well as four local schools, including Penrhos College.
Como quick stats
High end
$1.6m
Median
$1.2m
Low end
$948k
8.8 %
Annual growth
$1.2m
Annual median sales price
$775pw
Annual median rental price
