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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
1,098m²
1,098m² / 0.27 acres
High Density Residential R80
Tenanted
Land/Development, Other