Fantastic opportunity to invest in this multi-use property in a prime location.
Currently configured as a medical centre, the property was previously used by a pediatrician and has 4 functioning consulting rooms. The rental being paid was $60,000 pa.
Zoned residential with special purpose approval for medical, this property is currently in the City of Joondalup Development Zone ("Housing Opportunity Area").
With a land area of 1382 sqm and a building area of 190 sqm, this property provides ample space for various uses and has plenty of flat parking available too.
City of Joondalup advises zoning is R20/R40 and so is a potential 4 unit development site (or 5 over 55's units). The site is currently approved for a medical centre.
Located on busy Warwick Road, you will have great exposure plus the convenience of being just 500m away from Freeway access.
Priced at Offers Around $1.1M, this property offers great value for its size, location, and potential.
Call David Snell today on 0400 827 800 to arrange your viewing and secure your future investment.
