Approved Port Coogee SDA project offered for sale
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
CRAWLEY RESIDENTIAL
A whole strata development of 4 1950 residential units on a site of 683sqm* with exciting future development potential given its proximity to UWA.
• Leased to 4 individual tenants
• Passing rent: $88,000 (if self managed)
*approximately
| Sale Analysis | |
| Sale Price: | $1,850,000 |
| Sale Date: | June 2021 |
| Building Area: | 338sqm* |
| Land Area: | 683sqm* |
| Yield: | 4.7% |
| Vendor: | NSW Private Investor |
| Purchaser: | Perth Private Investor |
| Sales Process: | Expression of Interest campaign 76 enquiries and 7 offers |
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
In another strong indicator of Subiaco’s growing investment appeal, the landmark Tighe’s Building at 131-135 Rokeby Road has changed hands for $5 million in an off-market transaction brokered exclusively by Michael Milne.