147 Fairway, Crawley WA 6009

Crawley Blue Chip Apartments

This is one of the most unique opportunities, we have ever had the pleasure bring to the market in recent times.

Superbly located in the Riverside location of Crawley on 845m2 with double street frontage. This block of renovated two-bedroom strata titled apartments offer the savy investor/developer a truck load of options. The three level 1960 brick building features seven lock up garages and an immediate strong cash flow, could be derived by a general refurbishment and leasing to the medical/university/Nedlands/Shenton Park region.

The bonus is that the property has a development approval in place for the construction of an architecturally designed six level apartment complex, consisting of 20 x two bedroom and 5 x one bedroom apartments. Full plans, drawings, renders and approvals are in place and available.

This is a unique opportunity to set and forget, refurbish, and hold or sell off individually or develop now or later. With such a superb blue-chip location you will be sure to prosper from whichever angle you look.

The last two complexes in this same location sold quickly to savy investors, who were quick to realise the potential here in such a unique location. Don’t hesitate to secure your future asap.