$440,000
Property ID: L12569175 | House
Number 32 Hale Rd is the perfect investment, and I can tell you why; not only does it achieve a great rental yield from a tenant signed up to May 2022, but it also offers some brilliant development options too. The 795 sqm with R20/40 zoning means that you will have the potential for a 3 unit site, or a great 2 unit retain and build development, and even a two-storey apartment complex is an option!
All this in a neighbourhood showing high potential for growth, with all main connecting roads either recently upgraded or in the process of being upgraded, super easy access to the airport WITHOUT being under a flight path, and easy public transport connectivity (about to get even better when the almost finished Airport Link train station project is completed).
The home is only 400 metres away from the upgraded Hawaiians Forrestfield shopping centre, as well as being near some great public and private schools too. The asking price is also super reasonable when you consider many similar properties on smaller blocks have been selling for more in recent weeks.
So with a great rental yield, in a convenient location, with amazing development options and a very competitive asking price, the only question now is - what are you waiting for?
The value here is undeniable, and you're not going to want to wait too long to register your interest with The Mitchell Brothers.
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
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