2041 Albany Highway Maddington WA 6109

Strategically located property

Future re-development potential (STCA) .

Income producing site with growth potential.

What an opportunity!! The possibilities are endless. The subject property consists of three separate buildings, totaling 1,424sqm on a total land area of 10,312sqm. The property is partly leased with the current rental income achieved being $132,265.85 net + GST.

Current zoning is 'Residential Development' however under the City of Gosnells new Local Planning Scheme No. 24 submitted to the WAPC, the property is referred to as 'Urban Development'.

This truly is a solid investment with huge development potential (STCA).

Offers to purchase close Thursday 16th March 2023 4pm (WST).

All inspections are by appointment only and the property is being sold 'as is'.

Please contact Alan on 0405 702 506 for an Information Memorandum and inspection.