51 River Fig Avenue, Kununurra, WA, 6743 - DuplexSemiDetached For Sale

For Sale

51 River Fig Avenue, Kununurra, WA, 6743

$470,000

102 m²

1181 m²

DuplexSemiDetached

•

30+ days on the market

What's around 51 River Fig Avenue

Make your move! Business Base AND housing!

This is a rare opportunity to acquire commercial-zoned land on the edge of Kununurra Town Centre with significant future redevelopment options. This residential duplex pair currently operates as a dual residential rental investment, although the (town centre) commercial zoning allows the operation of a business with the ability to also accommodate staff in the rear duplex unit (subject to council approval). This is a rare opportunity to acquire a property approved for commercial use without the expensive commercial borrowing usually associated with a commercial property purchase. Use cheap residential borrowing to acquire a commercial base for your business. Of course, it's also fine for 100% residential purposes too. Live in one and rent the other out, rent them both out, or accommodate an extended family across both houses. The options are plenty! Includes two homes (3 bed + 2 bed) with the potential to move into one and rent out the other, rent both out, renovate and refurbish one at a time, or even convert them both to mixed-use / commercial-use. Currently tenanted on periodic leases, these units offer a great opportunity to retain them as rentals or take possession yourself. The two separately fenced properties, each with its own garage/shed and large yards, offer a massive combined land area of 1180 sqm and strong potential for flexible future development. Contact us today to express your interest.