37a & 37b Loton Avenue

Discover a solid investment opportunity with these properties on Loton Avenue. Positioned on the fringes of the commercial precinct of Midland this high-density development site offers endless opportunities for the savvy investors or property developers. Currently, the property is leased, generating a combined rental income of $995 per week, with long-term tenants eager to stay. . Most services available. . Sewer at the rear of lot. . 2 x Three bedroom units . Suits transport orientated design codes . Within 800mtrs from St John of God hospital . Ideal superannuation proposition Situated on a 1445m2 R60/100 zoned lot, this property comes with separate titles and offers fantastic future potential. It's an ideal choice for those planning to secure their retirement or embark on a development project or purchasing between family members or friends. There is a lot of major infrastructure projects going on at the moment with the new Midland train station and transport hub just been completed with the opening of the new St John of God private hospital on the horizon as well. Talk to the city of swan about the development potential this site has to offer, being located within 800 meters of Midland train station (transport orientated development catchment area) which can offer some parking concessions under the residential design guidelines. Located centrally, all major amenities and transport routes are easily accessible, making it an attractive prospect for savvy investors. Don't miss out on this exceptional opportunity to invest in your future. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.