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51 Aberdeen Street, Albany, WA 6330

51 Aberdeen Street, Albany, WA 6330

Land/Development

  • Sold $650,000
  • Fri 17-Jun-22

  • Land Area
  • 1226.00 m² (approx)
  • Floor Area
  • 0 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Whole
  • Last Updated
  • Jun 17, 2022

Interested in this property? Contact an Agent today

Merrifield Real Estate - Albany

258 York Street

Albany WA 6330

BLUE RIBBON DEVELOPMENT BLOCK

With real estate in central Albany at a premium, this one-off opportunity with diverse potential is sure to attract keen interest from investors and developers.

A substantial parcel of vacant land in Aberdeen Street, it is within the central business district and zoned Regional Centre.

This is a versatile development block of 1226sqm. It is level, sealed, fenced and with water connected.

It presents a wide scope of options which would expect to generate either an initial excellent return or an ongoing income, such as from construction of commercial premises, an inner-city residence or for mixed use such as a work-live development up to three storeys high.

With all the amenities of the CBD on the doorstep, a high volume of passing traffic and a central city address, this is a prime location for trading or executive living.

The property is currently leased by a neighbouring motor vehicle dealer under a periodic tenancy for $26,208 per annum, plus GST. The tenants also pay the water rates, and the City of Albany rates are currently $2964.06 per annum.

Talk to Carly Szczecinski of Merrifield Real Estate about the many

51 Aberdeen Street, Albany, WA 6330

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