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Land/Development

30 Cleaver Street West Perth, WA 6005

Sold for $2,750,000 on 11 Feb 2022
  • Building/Land: 1,098m²
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Land/Development in West Perth

Whole Apartment Complex + Future Development Opportunity

  • Building/Land: 1,098m²

Ray White Commercial (WA) is delighted to present "Malibu Apartments" for sale as a leased investment with a strong income stream.

This is a rare investment opportunity to acquire a multilevel 15 apartment building on a large elevated block of 1,098sqm*, with opportunity for future redevelopment.

  • Zoned Residential R80
  • Maximum Height 3 storeys
  • $178,000pa* net income (investment)
  • $260,000pa* net income (operator)
  • $360,000pa* gross income (annualised)

30 Cleaver Street, West Perth, Western Australia is offered for sale via an on-market Expressions of Interest campaign - Offers Invited.

For more information or to arrange an inspection please contact:

Michael Milne
Ray White Commercial (WA)
M: 0403 466 603
E: michael.milne@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

* approximately

Building:

1,098m²

Land:

1,098m² / 0.27 acres

Zone:

High Density Residential R80

Tenancy:

Tenanted

Categories:

Land/Development, Other

30 Cleaver Street, West Perth, WA 6005