649 Canning Highway, Alfred Cove WA 6154

NEW PRICE - OFFERS FROM $1,290,000

DUPLEX BLOCK WITH INVESTMENT POTENTIAL

Introducing 649 Canning Highway, Alfred Cove, available exclusively through Bourkes Property. This 1950's, 5-bedroom, 1-bathroom green title property on a duplex block with multiple options is the one you've been waiting for. Conveniently located a short stroll away from shops, public transport & the Swan River, right across from the picturesque Tomkins Park and in one of Perth's most in demand riverside precincts, this one will not last!

Here are just a few reasons why this unique property is so special:

- 1,012m2 "North Facing" R20 duplex block (subject to WAPC approval)
- Option for the owner to retain the front house (minus the garage) and build at the rear
- Currently tenanted on a periodic lease at $350/week
- Rent appraised on a single lease at $750/wk
- For the savvy investor, there is the option to rent the rooms separately for a potential impressive rental income, i.e. five rooms at $300/wk each to students, a hypothetical $1,500/wk total return
- Option for business owners to operate out of the existing house, with a change of use having been previously approved by council
- Property includes air-conditioning, alarm system & network cabling from when previously used as an office
- To be sold on an "As Is" basis & with an electrical safety certificate

Properties with this many options do not last, so don't miss out on this exceptional opportunity.

To book a private viewing or find out when the next home open is, contact Lee Smith at Bourkes Property today on 0447 843 345 or [email protected]

City of Melville | $1,696 p/a
Water Corporation | $1,154 p/a