* Land area 1,045 m² with 52.8m frontage (including truncation) to north facing Davilak Street * Located in Canning Bridge Activity Centre * Zoned Davilak Quarter Q4 M10 zone * Suit multiple apartments development (circa 20 apartments STCA for 6 levels development) * Walk to Canning Bridge Train & Bus Station and McDougall Park * Improvements include 2 x rentable homes, current income of $1,015 per week * Outstanding investment and redevelopment opportunity for astute investors * Seeking offers from $1.85M * This property is being sold in association with Paolo Perrin from Harrrper Projects For all enquiries please contract: Tony de Graaf (0406 320 938) [email protected] Paul Perin (0411 514 346) [email protected] 7 DAVILAK STREET 7 Davilak Street has a fixed term lease in place at $465 per week until 30/9/21. Recent rental appraisal - $600 - $620 per week City of South Perth | $2,284 pa Water Corporation | $1,203 Internal Area | 119 m² External Area | 364 m² Total Area | 483 m² 131 LOCKHART STREET 131 Lockhart Street has a current fixed term lease in place at $550 per week until 4/4/22. Recent rental appraisal - $550 - $580 per week City of South Perth | $2,211 pa Water Corporation | $1,066 pa Internal Area | 125 m² External Area | 437 m² Total Area | 562 m²