Virtually perched on the Swan River’s edge and in one of Perth most favoured suburbs becoming a remarkable opportunity to own a “BLUE CHIP INVESTMENT” by owning your own entire block of flats.

This unique 40-year-old complex offers a rare foot hold into the tightly held Crawley market. With the ability to purchase a whole block of 4 strata tiled properties this offers enormous upside. The property features 2 stories with 6 separate tenancies made up of 1 x 3brm 3 x 2brm and 2 studio apartments all with parking plus two visitor bays. The property is extremely well maintained, and all apartments are fully furnished generating a strong cash flow in excess of $162,000 per annum.

Entire blocks of apartments such as these are always highly prized assets and keenly sought. Indeed, the last 3 complexes in Crawley have been hotly contested by investors and developers alike. With so many options from hold and rent, redevelopment, refurbish or just own an entire complex with four separate titles. This vehicle is ideal for superfunds, family trusts and associated ownership. The ability to sell down four separate titles over the years and at the end of your investment journey gives enormous flexibility for minimizing capital gains tax and future tax planning.

Strategically located on 683sqm of prime land in such an envious location. Being locked between the University of West Australia, the pristine Swan River foreshore, and the iconic homes of Nedlands, you’ll never find a better opportunity than Princess Road, Crawley. Our two recent sales of 15 The Avenue sold for $3.65M and 150 Fairway for $3.5M underpins the values of such a rare offering such as this.
Act now!

This property is For Sale by Expressions of Interest with Inspection via the 3D Matterport. A full inspection will be conducted upon acceptance of your offer.

We are all Covid safe. Please respect and observe all current advice and regulations. Thank you look forward to seeing you there.