Outstanding Real Estate opportunity is presented here to purchase 948sqm (approx) of prime land being located within the Dalkeith Redevelopment precinct.

The permitted use is both residential and commercial; however the restriction is that any mixed use development would require a minimum of 1000m2 of land, there is a shortfall of 52m2 with this subject site. A commercial redevelopment is permitted under the City of Nedlands Town Planning Scheme No.2 with the current size of this lot.

The improvements are all on one title with four separate income streams totalling $88,161.47p/a plus GST and plus all outgoings. Land area is 948sqm (approx), with a frontage of 16.4 metres and a depth of 57.84 metres. Improvement include a double brick and iron premises currently used as three retail outlets and one rear storage facility .

The property is currently approved as "Retail Shopping" and is located within the Dalkeith Redevelopment precinct.

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