**Attention Astute Investors & Developers: Discover a Gem in Mount Hawthorn** MOUNT HAWTHORN WA

Description

Are you an investor or developer searching for the next promising property that combines strategic potential with fantastic returns?
HERE IT IS... Look no further than this outstanding parcel of land in the highly sought-after suburb of Mount Hawthorn.
With its prime location 1162M2, impressive R60 zoning, and current rental income, this property presents an exceptional opportunity that’s hard to overlook.

**Prime Location with Accessibility**

Nestled within walking distance of essential amenities, this 1162 square metre property, zoned R60, truly offers unparalleled convenience.
Appreciate the proximity to childcare facilities, schools, and medical services, revel in the vibrant lifestyle available on the nearby Mount Hawthorn
strip and Leederville entertainment area.

What sets this property apart is:  
** Annual Rental $114,400.00**
**Zoned for Development: R60 Possibilities**
** allowing for various development options.**
** This zoning permits multiple dwellings**
** small lot developments.**
** Three Street Fronts access**
** Develop up to three levers/Tier Development**

Making it ideal for savvy developers looking to maximize their investment. 

**Solid Rental Income and Attractive Yield**

Currently, the site accommodates four residential units, generating a remarkable annual rental income of $114,400, which translates to a fantastic yield. For investors, this means a reliable revenue stream while considering future redevelopment options. The established rental income serves as a solid foundation, allowing you to strategize long-term plans without financial strain. It's a wise choice for those looking to balance immediate cash flow with future growth potential.

For astute investors and developers, this property in Mount Hawthorn represents a unique confluence of location, rental income, zoning advantages, and development potential. Whether you’re looking to capitalize on immediate returns or create something transformative to meet the demands of future residents, this property has it all. Don’t miss out on the chance to transform this exceptional site into a community asset while enjoying the benefits of a thriving rental market. Explore your options today; opportunities like this don’t come around often.

More info Call Memet Demiroski 0400 55 22 44