1 Heppingstone Street, South Perth, WA 6151

Under offer! More sites wanted!

1 Heppingstone St, South Perth WA 6151, Australia
1998 squares

Block of 18 Units In Brilliant Location, Positively Geared, Outstanding Investment Opportunity!

What an amazing opportunity to invest in a block of units in a premium riverside location!

Properties like these seldom come onto the market and is a rare opportunity for the astute investor/developer to capitalise in today’s market. This block of 18 units sits just metres from the Swan River!

Fully furnished 2 bedroom,1 bath apartments all currently being rented out. One owner owns 16 of the units and the remaining 2 owners are also willing to sell.

Purchase these, collect rent and land bank until the opportune time to develop!

Huge future development potential for the discerning buyer. All 18 units sit on a 1998 sqm block. A stone’s throw away from the Swan River with some units having city/river views.

- 16 x 2 Bedroom Furnished and Equipped Strata Titled Units in a block of 18
- 1998 sqm corner block
- Brilliant Location, close to Swan River Foreshore, Crown Resort & Optus Stadium
- Zoning R15/R40. Expected to increase in accordance with the State Government policy for land in this vicinity
- Units currently tenanted and can be sold as going concern with potential future development

This property would suit land bankers, investors and developers wanting to sit back collect rent with the plan to develop in the future.

Call now for full details.

Agent Details

Sam Rettke

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