821 Canning Highway, APPLECROSS, WA 6153
For Sale Low to Mid $2M's
Prized Investment Opportunity !
Salt Property Group are proud to offer this unique investment opportunity to the market.
Highly sought after and rarely found, is a consolidated commercial investment in Applecross with scope to retain the character building and develop further, or demolish and redevelop the land.
Impressive returns can be had if run as short term accommodation, which it was previously used for.
Or, you could nothing and just sit back and collect around $90,000 a year in rent (4 apartments leased at $440 per week).
A significant land mass of 1133 sqm rising gently from the road, evenly bounded into a perfectly shaped rectangular block.
The building went through a complete renovation several years ago, including a new roof and a full internal refit.
Call Glen O’Brien 0418 923 123 today for more information.
- Property Type: BlockOfUnits