Unlock the Potential with Dual Duplexes on a 1315m² Block Zoned R80!
Positioned privately, this charming 2-bedroom, 1-bathroom duplex half offers fantastic potential for savvy investors. By acquiring the neighbouring 2-bedroom, 1-bathroom duplex at 63A Orr Street, you can combine both properties to form a sizable 1315m² block, zoned R80. This presents an exciting opportunity for larger-scale development.
Both properties are currently leased:
• 63A Orr Street: $560 per week
• 63B Orr Street: $480 per week
Together, the two properties offer a combined rental income of $1,040 per week, translating to an impressive $54,080 per annum.
Charming Home, Great Location
If development isn't your focus, this property still represents an excellent opportunity for owner-occupiers or investors. Enjoy the peaceful surroundings near the Canning River and the convenience of local amenities, including Maddington Primary School, Maddington Central Shopping Centre, and Maddington Train Station.
Step inside to discover low-maintenance timber-look flooring, complemented by a split system air conditioner in the spacious open-plan living, dining, and kitchen area. The practical kitchen features white cabinetry and a gas upright stove - perfect for everyday living.
Additional Features:
• Single carport
• Gas hot water system
• Refurbished bathroom
Approximate Distances:
• Maddington Primary School - 900m
• Maddington Train Station - 700m
• Centro Maddington Shopping Centre - 800m
• Perth Airport (T1 & T2) - 13.5 km
• Perth CBD - 17.9 km
Water rates: $539.14 p/a (approx.) - For period 01/07/2024 to 28/02/2025
Council rates: $1660.00 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
