• $1450000

126 Bulong Ave, Redcliffe WA 6104, Australia

Wow what a perfect land bank opportunity for the astute

investor/developer! Generating combined gross income of

$44,200pa, these two neighbouring homes offer stable high return with

existing long-term tenants. Future growth is assured with extensive

government infrastructure investment approved, Redcliffe Train

Station is now complete and running from the Airport to

CBD and DA6 Vision Plan is poised to be the City of Belmont’s

Crown Jewel. Offering development potential for buildings up to

13 storeys, you won’t find a better development opportunity to watch

your hard-earned money grow. Bonus two solid double brick & tile

two/three bed homes on separate titles, each backing onto parklands

and forward facing allowing ample space at the rear. Rarely is a

double block in this precinct offered for sale so be quick to express

your interest before its SOLD!

 

KEY FEATURES INCLUDE

 

• Solid d/brick & tile homes currently leased at $850pw combined.

• Prime 1618sqm double development block with a 30.18mt front.

• DA6 vision plan precinct oozing modern development options.

• Boasts huge potential for new buildings up to 13-storey (STCA)

• Next to the brand-new Redcliffe Train Station & the Airport DFO.

• Perfect for the astute investor or future developer to land bank.

• Very close to Redcliffe Primary, Garvey Park, Swan River & Races.

• GEH highway access to Burswood, Optus, Vic Park & Perth CBD