12 Heppingstone Street
South Perth, WA 6151

Overview

UNIQUE OPPORTUNITY - FIRST TIME OFFERED - WHOLE-BUILDING INVESTMENT - 6 UNITS ON 1 TITLE

This exceptional property presents a rare opportunity to acquire the entire freehold title of 12 Heppingstone Street, South Perth, a block of six fully leased apartments on a substantial 794 square meter land parcel. This is the first time in over two decades that this whole-building investment has been offered to the market, making it a unique prospect for investors seeking immediate rental income with minimal risk.

Situated in a highly sought-after riverside precinct, the property benefits from its proximity to the Swan River foreshore, the South Perth esplanade, and a vibrant café precinct, offering an attractive lifestyle and convenience for tenants. Additionally, it is just minutes away from the Perth Central Business District, major transport links, and premium amenities, enhancing its appeal and potential for long-term capital growth.

The building comprises four one-bedroom apartments and two studio apartments, all currently tenanted, ensuring a steady cash flow from day one. The investment is free from strata and body corporate fees, granting the owner full control over the asset without the complications of shared ownership or management.

• Fully tenanted with zero vacancy risk, providing immediate and reliable rental income.
• Generous 794 square meter landholding in a tightly held riverside location.
• Close walking distance to the Swan River, South Perth esplanade, and local café precinct.
• Convenient access to Perth CBD, major transport routes, and premium facilities.
• Comprises four one-bedroom apartments and two studio apartments.
• Parking includes bays at the rear of the property, one visitor bay at the front, and three secure garages onsite.

This turnkey investment offers a low-maintenance solution in one of Perth's most desirable suburbs, making it an ideal addition to any property portfolio. The unique nature of this whole-building offering ensures it will attract significant interest and is unlikely to remain available for long.

Prospective buyers are encouraged to conduct their own due diligence regarding the property boundaries and size, as all measurements and boundaries are approximate. This investment represents a compelling opportunity to secure a substantial asset with immediate income and excellent location benefits.

Location