167 George Street, Queens Park WA 6107

Development Opportunity 2,024m2 - Income Generating!

We are pleased to present to the market a current 4 bedroom, 1 bathroom and 1 car garage situated on a large 2,024m2 block! With a wonderful tenant on a fixed lease until November 2022. This property is generating strong income of $350 per week with a current tenant who is leasing on a fixed 6 month lease ending November 2022.

Local council has confirmed (as at May 2022) that a structure plan over this property was confirmed in 2017, and the current zoning is 'Centre Area of the rail way station', so subdivision is not allowed under current plan, but it allows the owner to build apartments, a retirement home, a childcare centre, a shopping centre and/or other public buildings. It allows up to 4 levels of building construction.

Land Size: 2,024m2
Living Area: 279m2
Lot 105 on Deposited Plan 407940
Vol/Fol: 2911/90
Council: City of Canning
Build Year: 1970
Zoning Code: R17/40

Come down and take a look at this lovely home for yourself! If you would like more information about this block for sale please contact Anna-Marie on 0437 416 487 or email [email protected]
You are a priority to us and to ensure we maintain high levels of hygiene for everyone we ask that if you are experiencing any flu like symptoms or are feeling unwell, that you reschedule your appointment with us.
Disclaimer:
Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed, reference to a school does not guarantee availability of that particular school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy on this information.