94 Gibbs Street

East Cannington WA 6107

Tom Miszczak from The Agency has the pleasure in bringing an outstanding and unique investment opportunity to the market. Previously rented on a room by room basis, the income potential ranges between $1540 per week and $1900 per week depending on how you choose to rent the property, an outstanding return. The added bonus of the 1176sqm Green Title block is the R30 zoning allowing you to develop the site into 3 well proportioned lots in one of the best locations in the area within easy walking to Gibbs Street Primary (across the street), Cannington Train Station, Westfield Carousel and Sam Kerr State Football Centre.Features include:- 7 Bedrooms- 4 Bathrooms- 1176sqm Green Title Block- Multiple Living Areas- Separate to Main House 2 bed, 2 bath villa - Gas Cooking- Electric Oven- Solar Panel System- Ducted Air-Conditioning- Reverse Cycle Air-Conditioning- Ample Parking- Council Rates - approx $2260pa- Water Rates - approx $1560paThe property offers so many options now and into the future with the area going through a once in a century upgrade with new train lines and stations, football centres and road upgrades meaning this property just 10km from the Perth city holds all the potential into the future. Being opposite Gibbs Street Primary School and walking distance to it all also compounds how special this opportunity is.There is also the potential extend the frontage of the block and square off the rear to create a rectangular block for a future sub-division, this is subject to council approval however would also create an outstanding development design.Contact your REIWA award winning agent - Tom Miszczak on 0400 217 1625Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.