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RWC  - WA

49 & 51 Leonora Street Como, WA 6152

49 & 51 Leonora Street,
Como, WA 6152

Other

Price information

Sale - Expression of Interest

EOI closing 10 June 2024 at 4pm AWST

Key property information

Land area

Floor area

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$82,092
Number of Tenants
8 Tenants

Private inspections

to arrange a private inspection.

Map

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Unlock the potential: Investment opportunity in Como

RWC WA proudly presents a golden opportunity to secure two income generating apartment buildings with promising redevelopment potential in Como, just 5.4km* from Perth CBD.

This exceptional property comprises two 2-storey walk-up apartment complexes, each housing four 2-bedroom, 1-bathroom units, all strata titled. Additionally, the property boasts development potential, allowing for the development on the rear land, yielding approximately 510sqm* of prime real estate or a complete redevelopment of the property. With a combined frontage of 40m* on Leonora Street and a rectangular shape featuring a sloping topography from east to west, this prime site offers an array of opportunities for investors.

Property features include:
• Land - 1,244sqm*
• Improved - 520sqm*
• Fully tenanted
• Projected gross income of $197,600pa ($139,292 net)
• Development potential for rear 510sqm* of land

Expressions of Interest closing 10 June 2024 at 4pm AWST.

For further information or to arrange an inspection please contact:

Stephen Harrison
RWC WA
Mobile: 0421 622 7...
Email: stephen.harrison@raywhite.com

Brett Wilkins
RWC WA
Mobile: 0478 611 1...
Email: brett.wilkins@raywhite.com

*Approximate

Additional information

Property ID: 504584632Last Updated: 8 May 2024

RWC - WA

12-14 The Esplanade
PERTH, WA 6000
RWC  - WA
49 & 51 Leonora Street
Como, WA 6152
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