Make this your next project! Positioned in the north-west corner of the suburb, this development site presents an outstanding investment opportunity as Coolbellup prepares to undergo a complete make over with plans already approved for a new shopping precinct right on the doorstep!

With Developer Approval (DA) already in place for six stunning architecturally designed apartments, this project really is a cut above the rest! Situated on a perfectly rectangular 753 sqm block the site houses the original home currently rented out at an attractive above market rate of $440pw on a fixed term lease until Feb 2017.
Extend the lease and continue to achieve a well above market yield of over 4.6% or take the approved plans and get started straight away to save thousands on development costs as you prepare for construction!
These stunning apartments with smart modern floorplans will be a popular choice for the first home buyer, down-sizers and investors alike being located so close to Fremantle and within such easy access to the Kwinana Freeway and local amenities.
Consider the possibilities – build and sell the finished apartments or retain some for future cash flow this could be your very own cash cow! Or retain the existing solid 3×1 home with good bones, subdivide and design another investment for the back block, the opportunities are endless!
So what are you waiting for?? You’ll need to be in quick to lock in your future capital gains – Call Andrew NOW on 0401 797 975 before another savvy investor snaps up your next deal!