Whole Apartment Complex + Future Development Opportunity
30 Cleaver Street, West Perth, WA 6005
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
Michael Milne
Brett Wilkins