- What a ridiculous opportunity here. 1012m2
- This block has 4 x One bedroom units in total.
- The Units are in need of some TLC.
- 3 Units having tenants wishing to stay.
- Bring Your Toolbelt & Paintbrush and reap this reward.
It is a rare find in the market to find a good old fashioned quarter acre (1012m2) block yet alone be positioned in a favoured pocket of Halls Head. Well today is your lucky day if you are searching for your next investment buy or block for your dream home in this location. Welcome to 28 Peter Street, Halls Head.
This extra large block has a golden opportunity in place for someone that is handy, is wanting to take on a small project or wanting to maximise potential rental returns. There are four x 1 bedroom units currently built on the property.
They have been returning $175/week each for the owner very easily. Three of the units are currently tenanted to long term tenants all wishing to stay on. The empty unit at the moment would re-lease easily though could ideally do with a re-fresh and tidy to entice the better rental return.
Three of four units are built under one main roof and each have their own entry, own kitchen / living area and bathroom / laundry. The final fourth unit is situated to the rear of the property and is completely free standing to the others. It is a larger unit with a good sized bedroom, kitchen/dining, big lounge room and bathroom/laundry.
There is of course the real opportunity to also purchase the property and develop it with your dream “forever” home as this location will be where you want to raise the family or relax in your retirement years.
A short stroll down the street will have you at Doddies Beach which is a beautiful piece of the Mandurah Coastline and a favourite to the locals during the summer months.
Be sure not miss out on considering making this property all yours. Call Lee Perry at Harcourts Mandurah today on 0408 905 104. You will be so glad you did.