For Sale
1 Sunbury Road,
Burswood 6100, Western Australia
Asking Price: $3,690,000
Property details
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Agents
Fully Leased 8 Apartment Investment
RWC WA proudly presents 1 Sunbury Road, Burswood, a fully leased 8-unit apartment complex on a 1,029m²* corner landholding, offered for sale with 100% freehold ownership.
Positioned in one of Perth's best-known inner-metropolitan precincts, the asset delivers immediate cash flow with clear reversionary and development upside.
Corner position with dual street frontage (~51m* Clydesdale Street / ~20m* Sunbury Road)
Zoned Residential R60
Highlights:
• Land: 1,028.61m²
• 8 residential apartments (all 1-bed, 1-bath, 1 car bay), 100% tenanted
• Passing Net Income: $147,400* per annum. Projected Net Income: $182,778* per annum. Based on $580 per week per unit (circa 26% uplift)
• 6 renovated, 1 partially renovated, 1 unrenovated, air-conditioned throughout
• Well-maintained common areas and landscaping
• Air-conditioned throughout
VALUE-ADD POTENTIAL
• Refurbishing the remaining 2 units offers further rental and tenant quality upside
• Approx. 350m²* of undeveloped land presents potential for 2 townhouses or 4 additional apartments alongside the existing units (STCA)
This asset offers investors a rare combination: secure income, defined rental growth and future development potential in a high-demand inner-city location.
Contact the exclusive selling agents:
Brett Wilkins
+61 478 611 168
brett.wilkins@raywhite.com
Stephen Harrison
+61 421 622 777
stephen.harrison@raywhite.com
*Approx.
Positioned in one of Perth's best-known inner-metropolitan precincts, the asset delivers immediate cash flow with clear reversionary and development upside.
Corner position with dual street frontage (~51m* Clydesdale Street / ~20m* Sunbury Road)
Zoned Residential R60
Highlights:
• Land: 1,028.61m²
• 8 residential apartments (all 1-bed, 1-bath, 1 car bay), 100% tenanted
• Passing Net Income: $147,400* per annum. Projected Net Income: $182,778* per annum. Based on $580 per week per unit (circa 26% uplift)
• 6 renovated, 1 partially renovated, 1 unrenovated, air-conditioned throughout
• Well-maintained common areas and landscaping
• Air-conditioned throughout
VALUE-ADD POTENTIAL
• Refurbishing the remaining 2 units offers further rental and tenant quality upside
• Approx. 350m²* of undeveloped land presents potential for 2 townhouses or 4 additional apartments alongside the existing units (STCA)
This asset offers investors a rare combination: secure income, defined rental growth and future development potential in a high-demand inner-city location.
Contact the exclusive selling agents:
Brett Wilkins
+61 478 611 168
brett.wilkins@raywhite.com
Stephen Harrison
+61 421 622 777
stephen.harrison@raywhite.com
*Approx.
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Contact Brett Wilkins
Contact Brett Wilkins
Brett Wilkins
1 Sunbury Road, Burswood WA 6100
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Brett Wilkins
1 Sunbury Road, Burswood WA 6100