51 Aberdeen Street

Albany WA 6330

With real estate in central Albany at a premium, this one-off opportunity with diverse potential is sure to attract keen interest from investors and developers.A substantial parcel of vacant land in Aberdeen Street, it is within the central business district and zoned Regional Centre.This is a versatile development block of 1226sqm. It is level, sealed, fenced and with water connected. It presents a wide scope of options which would expect to generate either an initial excellent return or an ongoing income, such as from construction of commercial premises, an inner-city residence or for mixed use such as a work-live development up to three storeys high.With all the amenities of the CBD on the doorstep, a high volume of passing traffic and a central city address, this is a prime location for trading or executive living. The property is currently leased by a neighbouring motor vehicle dealer under a periodic tenancy for $27,806 per annum, plus GST. The tenants also pay the water rates, and the City of Albany rates are currently $2,613.17 per annum.Talk to Carly Szczecinski of Merrifield Real Estate about the many possibilities this exceptional site offers.What you need to know:- 1226sqm vacant block in CBD- Zoned Regional Centre- Level, sealed, fenced- Water connected- Suitable for development of commercial or residential premises- Potential for excellent returns on development or ongoing income- Prime site with diverse possibilities- Amenities of CBD nearby- Currently leased under periodic tenancy for $27,806pa- City of Albany rates $2,613.17pa- Water rates $1,832.88