821 Canning Highway, Applecross, WA 6153

Bedrooms
8
Bathrooms
4
Area
1133m2
Type
Block Of Units

Last updated on Wednesday, October 11, 2023

$2,100,000

Tori Downing SALES, PROJECT DEVELOPMENT & MARKETING

821 Canning Highway, Applecross, WA 6153 - More Details

$2,100,000

Salt Property Group are proud to offer this unique investment opportunity to the market. Looking for a unique investment opportunity that offers both potential for development and impressive returns?

Look no further than this consolidated property in the highly sought-after area of Applecross. Sitting on a significant land mass of 1133 sqm, this property boasts a perfectly shaped rectangular block that rises gently from the road. The character building underwent a complete renovation several years ago, including a new roof and a full internal refit, ensuring that it is both functional and aesthetically pleasing.

The property's versatility is what sets it apart from other investments. Currently leased as four apartments, each generating $440 per week in rent, it offers the opportunity to sit back and collect a healthy return of around $90,000 a year.

Alternatively, with its potential for short-term accommodation, the returns could be even more impressive. But the real value of this property lies in its development potential. With scope to retain the character building and develop further, or demolish and redevelop the land, the possibilities are endless.

Imagine owning a stunning development in one of the most desirable locations in Applecross. Don't miss out on this once-in-a-lifetime opportunity.

Contact Dane or Tori today to learn more about this unique investment opportunity.
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Area
1133m2

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821 Canning Highway Applecross WA 6153

Property FAQs

How many bedrooms does the property listed 821 Canning Highway, Applecross, WA 6153 feature?

821 Canning Highway, Applecross, WA 6153 is a 8 bedroom Block Of Units.

What are the standout features of the 821 Canning Highway, Applecross, WA 6153?

Explore all key property features for 821 Canning Highway, Applecross, WA 6153. Click here to find out more.

What is the total land area and built-up area of the 821 Canning Highway, Applecross, WA 6153?

The total land area and built-up area of the 821 Canning Highway, Applecross, WA 6153 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 821 Canning Highway, Applecross, WA 6153?

There were no car spaces found on the listing for 821 Canning Highway, Applecross, WA 6153.

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