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Expressions of Interest
Rare opportunity to secure this 10 unit complex in a prime Palm Beach location, on a massive 2,135m2 site within easy walking distance to the beach & café strip and with Lake Richmond on your doorstep.
With R40 Zoning and a projected annual income of $110,000 this property provides a unique opportunity to purchase and retain the existing 2 bedroom units, or buy now and hold for future development options.
- All units currently rented and achieving between $215 - $235 per week
- Owner records show historical average 94% occupancy
- All units have separate Strata Titles
- Development potential with R40 Zoning
- Land area: 2,135m2
Please contact Craig Small of Professionals Rockingham on 0402 080 499 for further information.
*The description provided is for general information purposes only. Professionals Rockingham believes that this information is correct but it does not warrant or guarantee the accuracy of the information. Buyers are advised to undertake independent due diligence and make their own enquiries regarding the property, as no responsibility can be accepted by Professionals Rockingham for any information that may be deemed incorrect.
8/2-6 Council Avenue, Rockingham WA 6168
Call Craig Small on
0402080499
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