FOR SALE
Price on Application

49 & 51 Leonora Street
Como WA 6152

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 520m2
Land area: 1244m2
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Unlock the potential: Investment opportunity in Como

RWC WA proudly presents a golden opportunity to secure two income generating apartment buildings with promising redevelopment potential in Como, just 5.4km* from Perth CBD.
This exceptional property comprises two 2-storey walk-up apartment complexes, each housing four 2-bedroom, 1-bathroom units, all strata titled. Additionally, the property boasts development potential, allowing for the development on the rear land, yielding approximately 510sqm* of prime real estate or a complete redevelopment of the property. With a combined frontage of 40m* on Leonora Street and a rectangular shape featuring a sloping topography from east to west, this prime site offers an array of opportunities for investors.
Property features include:
• Land - 1,244sqm*
• Improved - 520sqm*
• Fully tenanted
• Projected gross income of $197,600pa ($139,292 net)
• Development potential for rear 510sqm* of land
For further information or to arrange an inspection please contact:
Stephen Harrison
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Property Details for 49 & 51 Leonora St, Como

Building Type
Commercial
Floor Size
520m2
Land Size
1244m2

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About Como 6152

The size of Como is approximately 6.5 square kilometres. It has 16 parks covering nearly 20.7% of total area. The population of Como in 2011 was 13,399 people. By 2016 the population was 14,130 showing a population growth of 5.5% in the area during that time. The predominant age group in Como is 20-29 years. Households in Como are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Como work in a professional occupation. In 2011, 52.7% of the homes in Como were owner-occupied compared with 54.7% in 2016.

Como has 9,174 properties.

    There are currently 47 properties listed for sale, and 19 properties listed for rent in Como on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Como.

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