30 Cleaver Street,
West Perth, WA 6005

Development Sites & Land • Other

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$2,750,000

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Whole Apartment Complex + Future Development Opportunity

Entire freehold complex
Strong income generation
1,098sqm elevated site

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 6...
E: michael.milne@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 1...
E: brett.wilkins@raywhite.com

* approximately

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Property ID: 503871070Last Updated: 17 Feb 2022

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