Lot 78,79 & 171, Caledonian Avenue, Maylands, WA 6051

Effective Property Solutions is pleased to present a rare opportunity to acquire three adjoining and strategically positioned landholdings in the heart of Maylands, to be offered and sold together:

• 3 Foundry Street, Maylands
• 106 Caledonian Avenue, Maylands
• 108 Caledonian Avenue, Maylands

Positioned on the doorstep of established Centre Zone and Medium/High Density Residential precincts, this significant combined landholding offers developers, investors, land bankers and owner-occupiers the opportunity to secure a substantial footprint within one of Perth's most rapidly evolving urban corridors.
Currently zoned General Industrial, the properties are ideally located adjacent to established mixed-use and residential development, providing purchasers with the opportunity to explore alternative future land uses, subject to approval from the City of Bayswater and the Western Australian Planning Commission (WAPC).

Property Highlights:
• Three properties offered and sold in one line.
• Significant combined landholding in a tightly held inner-metro location.
• Strategic position only minutes from the Perth CBD.
• Adjacent to established residential, commercial and mixed-use precincts.
• Mixed-use potential, subject to City of Bayswater and WAPC approval
• Existing improvements in excellent condition with strong leasing appeal
• Opportunity to generate holding income while undertaking planning and development investigations
• Attractive rental returns to assist in offsetting holding costs
• Excellent access to major transport corridors, public transport and local amenities.
• Ideal for developers, investors, syndicates and land bankers seeking scale in a highly sought-after location.

A key feature of this offering is the ability to derive immediate income from the existing improvements while exploring future opportunities for the site. The properties are well suited to purchasers seeking a strategic landholding with strong underlying rental fundamentals and long-term upside, subject to relevant approvals.

For further information or to arrange an inspection, please contact:
Ollie Salimi on 0431 094 839 or Justin Mabarrack on 0456 667 712