30 Cleaver Street, West Perth, WA 6005

Development/Land | Other

For Sale Offers Invited

  • Property ID: 393685
  • Floor Area: 1098m²
  • Land Area: 1098m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Whole Apartment Complex + Future Development Opportunity

Ray White Commercial (WA) is delighted to present "Malibu Apartments" for sale as a leased investment with a strong income stream.

This is a rare investment opportunity to acquire a multilevel 15 apartment building on a large elevated block of 1,098sqm*, with opportunity for future redevelopment.

• Zoned Residential R80
• Maximum Height 3 storeys
• $178,000pa* net income (investment)
• $260,000pa* net income (operator)
• $360,000pa* gross income (annualised)

30 Cleaver Street, West Perth, Western Australia is offered for sale via an on-market Expressions of Interest campaign - Offers Invited.

For more information or to arrange an inspection please contact:

Michael Milne
Ray White Commercial (WA)
M: 0403 466 603
E: michael.milne@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

* approximately

West Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $337 ---
Retail --- $305 ---
Offices $6485 $598 9.22%
This is the average advertised price, rent and yield for West Perth, WA 6005*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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