16 David Street

Prime Off Market Development Opportunity in Yokine

Discover an incredible investment opportunity nestled in the heart of Yokine. This expansive 769sqm property, zoned R30, presents a compelling opportunity for subdivision, offering the potential to create two street-facing lots*.

Currently housing a spacious 1960s 4-bedroom brick and tile home, this property epitomises potential. The home features a classic bathroom with a 2nd shower in the laundry, an enormous kitchen/dining area, separate lounge and family room, and a large, enclosed sunroom or additional living area. Complete with evaporative ducted air conditioning, a tandem lock-up auto garage, and drive-thru access to another garage/workshop at the rear. The property is currently tenanted until 3/10/25, generating a rental income of $660 per week with good tenants.

Ideally situated close to shops, schools, and public transport, this property is an investor’s dream.

*Subject to Western Australian Planning Commission, Council, and all other required regulatory authority approvals. Although every effort has been made to ensure the information provided in this ad is accurate, the buyer is responsible to undergo their own due diligence on the property and its future development potential to form their decision to purchase.

Don’t miss out on this investment opportunity with substantial development potential in a sought-after location!

Contact Vanessa Mannion on 0493 71 5553 today to discuss further.