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30 Cleaver Street
West Perth WA 6005
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Sold on 11 Feb 2022

30 Cleaver Street West Perth WA 6005

  • Development / Land
  • 1,098 m²
  • Sold, $2,750,000

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 466 603
E: michael.milne@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

* approximately

Property Highlights

Date Sold11 Feb 2022
Sold Price$2,750,000
Floor Area1,098 m²
Land Area1,098 m²
ParkingAsk Agent
Property ID2017132720
Category
Last updated  17 Feb 2022
Map for 30 Cleaver Street West Perth WA 6005

Property Highlights

Date Sold11 Feb 2022
Sold Price$2,750,000
Floor Area1,098 m²
Land Area1,098 m²
ParkingAsk Agent
Property ID2017132720
Category
Last updated  17 Feb 2022

Co-Agents

Michael Milne
Michael Milne
Ray White Commercial (WA)
Call
0403 466 603
Brett Wilkins
Brett Wilkins
Ray White Commercial (WA)
Call
0478 611 168

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