LJ Hooker Commercial Perth and Knight Frank as joint-exclusive selling agents are pleased to present 12 Hampton Street, Burswood for sale by offers invited, closing Thursday 4th November 2021 at 2pm AWST (unless sold prior).
The property comprises an older style apartment complex of 20 well maintained and fully leased apartments, which sit on an elevated 2,023sqm* site allowing for CBD and river views.
Situated a short 4km from the Perth CBD, the property is superbly located in the suburban heart of Burswood, benefitting from proximity to key amenity and infrastructure such as local schools, public transport, Crown Casino & the world-class Optus Stadium.
Zoned Residential R60 under the Town of Victoria Park Town Planning Scheme, the property has future redevelopment potential up to 6-storeys (STCA).
With Perth's residential rental market currently experiencing near 40-year low vacancy rates, 12 Hampton Street presents an opportunity to purchase a secure income stream with future redevelopment upside.
For further information or to arrange an inspection, please contact the joint-exclusive selling agents LJ Hooker Commercial Perth and Knight Frank.
STCA - Subject to Council Approval
Remember to mention you found this property on DevelopmentReady.com.au
2023 m² (*approx)
Residential, Apartment Sites, Townhouse Sites, Apartment Sites, Townhouse Sites
Residential Development Opportunity (STCA)