RWC WA proudly presents 8 King William Street, Bayswater WA For Sale by On-Site Auction on Tuesday, July 22 at 11am 8 King William Street is a high-exposure, income-producing asset with immediate income and exceptional development potential. The Opportunity • 500sqm rectangular site with King William Street frontage and rear access • 100sqm existing improvements: • 2 tenancies (2x 50sqm) • Holding income - $30,913 per annum • 350sqm cleared, elevated, rear portion of land • Redevelopment clauses for both leases Bayswater Location • Perth's rapidly transforming inner suburb experiencing unprecedented growth: • 6.5km from Perth CBD | 7km from Perth Airport • 100 metres from Bayswater Train Station • Major transport hub driving population growth and commercial activity • High infrastructure investment and urban renewal programs • Supply-constrained market with limited development sites available Current Income Profile • Combined rental income of $30,913 per annum. • Redevelopment clauses for both leases in place This is a rare combination of immediate income, development potential with a prime location in a fast-growing corridor in Perth's North East. Don't miss this opportunity. Auction on site 11am 22 July Live streaming and on-line bidding available Contact Exclusive Selling Agents: Brett Wilkins 0478 611 168 [email protected] Lachlan Burrows 0499 552 296 [email protected] Tom Jones 0478 771 117 [email protected] *approx.
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