9 x unit riverside complex - Blue Chip Location - Development Opportunity

Rare Offering;<br/><br/>809m2 of prime riverside real estate, this 1960's 3 x level block of 9 apartments will appeal to the discerning buyer with an eye for astute investment in one of Perth's premier Blue Chip locations. <br/><br/>This complex is neat, tidy and ready for future possibilities.<br/><br/>Boasting good tenancies with 100% occupancy, the annual income is in excess of $142k per annum.<br/><br/>All apartments feature parquetry flooring, balconies, and have stood the test of time.<br/> <br/>Onsite parking, separate laundry room on site, whilst being set amongst glorious leafy surrounds in this super quiet location.<br/><br/>These apartments are constantly sought out by UWA students, medical staff of SCGH, local hospitals or those wishing to live 'affordably' in this gorgeous suburb!<br/><br/>The location of this property is 'key' for the exisiting unit complex and for the savvy developer, given its dynamic and sought after golden triangle opportunity.<br/><br/>With the Swan River, UWA and everything so close, it makes sense.<br/><br/>Very good options as the property next door is also on offer - a wonderful opportunity to combine both properties and enjoy the long term benefits<br/>with development potential that is well worth delving into.<br/><br/>The current WA rental market is in a very strong position so why not land bank whilst you explore your development/site options.<br/><br/>Key Points;<br/><br/>- Revamp and rent as short term accommodation -The area is key for what Perth city and surrounds has to offer.<br/>- Ideal for dual or multi family ownership<br/>- Option to sell off individual units<br/>- Capitalise on redevelopment<br/>- Completely redevelop and hold long term<br/>- Consider, Self managed super fund/investor group or family investment collaboration.<br/><br/>This is a rare opportunity to acquire & invest with security for both, short and long term options.<br/><br/>To register your interest and receive further information, please contact;<br/><br/>Sharon J Grey<br/>0417 926 385<br/><br/><br/><br/><br/><br/><br/>