• 6 Lemon Street, Wilson & 48a&b Bungaree Road, Wilson is being offered as one development potential property.

Here's your opportunity to purchase an iconic development site in the heart of Wilson with an excellent rental income of $930per week which will be a great cash return while you draw you plans up for your next opportunity.

This property is ideal for a savvy investor to subdivide the property into 7-8 lots or even consider applying to the council to use the site as a medical, community or child care center.

Featuring:

• 1571sqm (if 3 lots are amalgamated) R40 corner site with a subdivision potential of up to 8 lots (subject to WAPC approval)
• Well maintained 3/4x1 Villas rented for a total of $930 per week
• Prime positioning being across the road from the Eureka Road Shops, Podiatry clinic with easy access via Leach Highway or Manning Road.
• Potential to build 8 townhouses or villas or even up to 16 apartments.

Whats Nearby:
- Waterford Plaza 2.6kms
- Westfield Carousel 4km
- Centenary park 850m
- Curtin University 2.2kms
- Perth Airport 12km
- Perth CBD 11km

6 Lemon Street
4 Bedroom, 1 Bathroom leased for $330 per week

48a Bungaree Road
3 Bedroom, 1 Bathroom leased for $300 Per week

48b Bungaree Road
3 Bedroom, 1 Bathroom leased for $300 per week

Lease agreements for 48b Bungaree Road, Wilson & 6 Lemon Street, Wilson end 31st December 2021

Offers closing Wednesday 14th July 2021 @ 6pm (unless sold prior)

Contact Charlie Bellow for further information on this outstanding development opportunity.