Block of Units for sale

24 Lindsay Street,

Perth, WA

6 6 8
$3 Million

UNIQUE OPPORTUNITY- 1 x GREEN TITLE, 6 x APARTMENTS

Residential or Commercial/ Short Stay Accommodation/ AirBnb Business

Located just off Beaufort Street in the heart of Perth's own Chinatown' district sits this 3 storey building on one Green Title with 6 x 1 bedroom apartments on site- to be sold as a whole lot. 24 Lindsay Street is a fantastic investment opportunity for an astute buyer, ideally looking to set up a Short Stay Accommodation business in a sought-after tourist precinct. The property enjoys a corner location with 3 street frontage to Lindsay Street, Little Parry Street & Elovalis Lane, and secure basement parking for 6 vehicles plus 2x visitor bays & paid street parking.

The property is in a precinct that includes the Preferred Uses of Residential, Commercial or Retail. The property has previously been used as Short Stay Accommodation- and doing so could see you enjoying a rental income of $147,600 per annum (based on conservative estimates of 80% occupancy/ $100 per night). Just add furniture, equip and reap the benefits!

This sought-after location enjoys the following nearby amenities:
*110m to local cafes and restaurants
*180m to IGA Supermarket
*220m to North Metro TAFE
*280m to William Street (Perth's own Chinatown precinct)
*450m to Northbridge night life, bars and restaurants
*600m to NIB Stadium (hosts of Soccer/Football and international concerts)
*900m to Perth Central Train Station
*1.1km to Perth CBD
*1.7km to Elizabeth Quay and riverfront access

Each apartment is spacious, with sizes ranging from 86sqm-118sqm. All apartments are complete with the following features:
*Open plan living areas with courtyard or balconies
*Stone benchtops and glass splashbacks
*Quality fixtures and fittings
*1 bedroom with built-in robe
*1 bathroom (ensuite or semi-ensuite)
*1 secure car bay & storeroom

Council Rates: $8712 per annum
Water Rates: $6936 per annum
No Strata Fees
Lot 612 on Plan 47632- Green Title
Land: 416sqm
Building Area: 618sqm

Contact exclusive listing agent Peter Wright for more information.

Disclaimer: Buyer must make their own investigations in regards to approved uses for the site. No warranty of accuracy, reliability or completeness is given to any information contained in this advertisement. No responsibility for any loss or damage whatsoever arising in any way for any representation, act or omission, whether express or implied (including responsibility to any person by reason of negligence) is accepted by Realestate 88, its directors, employees, agents and third party information providers to the full extent permitted by the law. Furthermore, the information provided in this document does not constitute financial advice and Realestate 88 recommends that you obtain independent advice and information before making a purchasing decision.
Last updated: 10:19PM on Sep 1st 2017
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1/88 Terrace Road
East Perth WA, 6004
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