Proposed Lot 69 Coolgardie Street

West Perth WA 6005

For Sale

Sale price $5,450,000 + GST

land/development Floor Area: 720m2 Land Area: 1818m2 Car Bays: 35 Tenancy: Vacant Property Extent: whole
Highlights
WELL ZONED DEVELOPMENT SITE!
POTENTIAL FOR HOLDING INCOME!
LOCATION LOCATION LOCATION!

DEVELOPMENT SITE IN PRIME LOCATION WITH HOLDING INCOME POTENTIAL!

Land area of 1,818m2 situated walking distance from Perth Arena and the CBD. A rare opportunity - The time is now ! ZONING: The property is zoned "Commercial"by the City of Perth, which allows for a plot ratio of 3:1 with plot ratio bonuses available up to a maximum of 50%. IMPROVEMENTS: High truss brick warehouse of approximately 720m2 with huge amount of character. For the discerning owner occupier that could utilise the buildings potential, this is a great opportunity to take advantage of the market, buy and use now with the future development potential as a fallback. POTENTIAL FOR HOLDING INCOME: The existing building allows for the potential of leasing in addition to the rental that could be achieved from the 35 car-bays onsite. LOCATION: Situated near the corner of Coolgardie St and Wellington Street, within easy walking distance to Perth Arena and the Perth CBD. Public Transport is easily accessible with Perth Railway Station and Busport nearby in addition to the CAT bus service. Very close to Freeway access both North and South. Plenty of Amenity nearby with Watertown Shopping Centre just across Wellington Street. There are limited development sites of this size available in West Perth with such good credentials ! Contact Joint Exclusive Agents now for further information - Burgess Rawson and Altegra Property Group

Parking Comments

35 marked secure car-bays onsite

Zoning

West Perth Precinct 10 - Commercial

Adam Smith

Director, Sales & Leasing

Primary Agent

Adam Smith

Director, Sales & Leasing