52 LORD STREET, EAST PERTH, WESTERN AUSTRALIA
52 Lord Street is substantial fringe CBD development site of 4,882sqm. The property has prominent….
Case Studies
320 Canning Highway,Bicton, Western Australia
RELIABLE RESIDENTIAL CASHFLOW
Two-level residential complex comprising of 36 strata units offering 32 one bedrooms and 4 two bedrooms and one bathroom, each unit with an allocated car bay. Future development potential on this offering is considerable owing the Mixed Use R50 zoning and substantial 4,053m2 site area
- 4,053sqm Site Area
- 2022/23 FY Est. $310,622pa Net Income
- 32 One Bedroom with Ensuite + Car Bay Units
- 4 Two Bedroom with Bathroom + Car Bay Units
- Canning Highway Frontage 30.7m*
| Sale Analysis | |
| Sale Price: | $6,450,000 |
| Sale Date: | August 2022 |
| Land Area: | 4,053sqm* |
| Est. 22/23 FY Net Income: | $310,622 |
| Price per Unit | $179,000 |
| Land Rate / sqm: | $1,591/sqm |
| Vendor: | Kenworthy Real Estate |
| Purchaser: | Private |
| Sales Process: | Expressions of Interest Campaign |
*Approximately