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RWC WA proudly presents 8 King William Street, Bayswater WA
For Sale by On-Site Auction on Tuesday, July 22 at 11am
8 King William Street is a high-exposure, income-producing asset with immediate income and exceptional development potential.
The Opportunity
• 500sqm rectangular site with King William Street frontage and rear access
• 100sqm existing improvements:
• 2 tenancies (2x 50sqm)
• Holding income - $30,913 per annum
• 350sqm cleared, elevated, rear portion of land
• Redevelopment clauses for both leases
Bayswater Location
• Perth's rapidly transforming inner suburb experiencing unprecedented growth:
• 6.5km from Perth CBD | 7km from Perth Airport
• 100 metres from Bayswater Train Station
• Major transport hub driving population growth and commercial activity
• High infrastructure investment and urban renewal programs
• Supply-constrained market with limited development sites available
Current Income Profile
• Combined rental income of $30,913 per annum.
• Redevelopment clauses for both leases in place
This is a rare combination of immediate income, development potential with a prime location in a fast-growing corridor in Perth's North East.
Don't miss this opportunity.
Auction on site 11am 22 July
Live streaming and on-line bidding available
Contact Exclusive Selling Agents:
Brett Wilkins
0478 611 168
Lachlan Burrows
0499 552 296
Tom Jones
0478 771 117
*approx.
Remember to mention you found this property on DevelopmentReady
RWC WA proudly presents 8 King William Street, Bayswater WA
For Sale by On-Site Auction on Tuesday, July 22 at 11am
8 King William Street is a high-exposure, income-producing asset with immediate income and exceptional development potential.
The Opportunity
• 500sqm rectangular site with King William Street frontage and rear access
• 100sqm existing improvements:
• 2 tenancies (2x 50sqm)
• Holding income - $30,913 per annum
• 350sqm cleared, elevated, rear portion of land
• Redevelopment clauses for both leases
Bayswater Location
• Perth's rapidly transforming inner suburb experiencing unprecedented growth:
• 6.5km from Perth CBD | 7km from Perth Airport
• 100 metres from Bayswater Train Station
• Major transport hub driving population growth and commercial activity
• High infrastructure investment and urban renewal programs
• Supply-constrained market with limited development sites available
Current Income Profile
• Combined rental income of $30,913 per annum.
• Redevelopment clauses for both leases in place
This is a rare combination of immediate income, development potential with a prime location in a fast-growing corridor in Perth's North East.
Don't miss this opportunity.
Auction on site 11am 22 July
Live streaming and on-line bidding available
Contact Exclusive Selling Agents:
Brett Wilkins
0478 611 168
Lachlan Burrows
0499 552 296
Tom Jones
0478 771 117
*approx.
Remember to mention you found this property on DevelopmentReady
