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SOLD

12 Hampton Street, Burswood, WA 6100

Properties / Sold / Western Australia / Burswood

Development Potential

1. Property Summary

Property Type

Residential

Land Area

2,023 m² (*approx)

Selling Method

For Sale: Offers Invited

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2. Property Highlights

Fully Leased Apartment Block

Secure Income Stream
2,023sqm site zoned R60
Elevated CBD & River Views

LJ Hooker Commercial Perth and Knight Frank as joint-exclusive selling agents are pleased to present 12 Hampton Street, Burswood for sale by offers invited, closing Thursday 4th November 2021 at 2pm AWST (unless sold prior).

The property comprises an older style apartment complex of 20 well maintained and fully leased apartments, which sit on an elevated 2,023sqm* site allowing for CBD and river views.

Situated a short 4km from the Perth CBD, the property is superbly located in the suburban heart of Burswood, benefitting from proximity to key amenity and infrastructure such as local schools, public transport, Crown Casino & the world-class Optus Stadium.

Zoned Residential R60 under the Town of Victoria Park Town Planning Scheme, the property has future redevelopment potential up to 6-storeys (STCA).

With Perth's residential rental market currently experiencing near 40-year low vacancy rates, 12 Hampton Street presents an opportunity to purchase a secure income stream with future redevelopment upside.

For further information or to arrange an inspection, please contact the joint-exclusive selling agents LJ Hooker Commercial Perth and Knight Frank.

* approximate

STCA - Subject to Council Approval

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