26 Thomas Street, Queens Park

Welcome to an extraordinary chance to acquire a residence with incredible development prospects in a serene and peaceful street. Presently, the property features a delightful duplex pair, each comprising 2 bedrooms and 1 bathroom, with an estimated rental potential of approximately $450 per week for each unit.

Alternatively, seize the immense development potential of this R40-zoned property! The canvas is open for possibilities, with the option to include 24 Thomas Street, Queens Park, enhancing the potential to a substantial 2104sqm development site. Currently, 24 Thomas Street is a tenanted 2-bedroom x 2-bathroom home, providing a steady income stream. Moreover, the convenience of the main sewer line running along Thomas Street further enhances the appeal of this investment opportunity.

This property is not just a home; it's a canvas for your vision and a gateway to lucrative development possibilities.

Note: THE PROPERTY WILL BE SOLD ON AN "AS IS BASIS."

Property features:
●Open plan living area
●Good sized bedrooms
●Updated kitchen and bathroom (one duplex)
●Laundry area leading out to large backyard
●Separate toilet
●High ceilings
●Side access

Development options:
●Build up to 4 villas
●Build up to 4 townhouses
●Build 10 apartments

Combine it with 24 Thomas Street (also available for sale):
●Build up to 11 villas
●Build up to 11 townhouses
●Build 21 apartments

Property Rates:
● Council Rates: $2,362.59 Per Annum
● Water Rates: $1,736.08 Per Annum

Within close proximity
● Cannington Park
● Carousel shopping centre
● Cannington train station
● Gibbs Street Primary School
● Cannington Leisureplex
● Domestic and International Airports
● Perth CBD

Please contact Anil Singh on 0423 276 674 or at anilsingh@theagency.com.au to register your interest today!

Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.