Situated on Pinjarra Road between Sholl St and Sutton St is this prime 847m2 site.

Zoned City Centre Development R80 and is covered by a draft City Centre Precinct Plan. It has 2 street frontages with Church Lane to the rear thus providing excellent access for parking.

There is good holding income available with 2 buildings on site. The front building facing Pinjarra Road is approx 250m2 and is leased to a laundromat/drycleaning business. Approx net income $57,309pa.
The rear building is approx 65m2 with its own toilets and is currently leased on a short term basis for $10,400pa net

Parking is abundant between the 2 buildings and a large council carpark opposite on Church Lane.

This is a superb opportunity to purchase now with holding income until you are ready to develop.