PROPERTY SUMMARY
PROPERTY DESCRIPTION
VERSATILE DEVELOPMENT PROPERTY
MULTIPLE DEVELOPMENT OPTIONS
EXCEPTIONAL INNER CITY LOCATION
EXISTING PASSING INCOME
An outstanding, rarely offered opportunity to purchase substantial property in a rapidly growing, tightly held and highly sought after CBD location!
Currently configured and utilised as a leased showroom and warehouse, the property boasts a superb location, being brilliantly positioned in proximity to the Perth CBD, Northbridge, and Mt Lawley, with immediate and easy access to main arterial routes and freeway on ramps.
With a preferred Mixed Use R100 zoning, the property affords attractive multiple options for development, including commercial, mixed use commercial and residential, multi-storey construction, or bespoke, purpose built commercial development.
PROPERTY HIGHLIGHTS
– Rare Inner City green titled development lot
– Preferred and developing inner city location
– 1020m2 of land area
– 20.20 metre frontage to Cheriton Street
– Zoned mixed use R100
– Multiple development options
– Holding Income with potential increase to yield
– Uninterrupted city views location
LOCATION BENEFITS
– Central Inner city location
– Neighbouring Highgate, East Perth, Mt Lawley and Perth CBD
– Walking distance to East Perth Train Station
– Adjoining Norwood Park recreational facility
– Close to childcare facilities and healthcare
– Easy and immediate access to Freeway on ramps
– Minutes to Graham Farmer Freeway
– Close to proposed East Perth Power Station Redevelopment
– Short distance to HBF Park and Loton Park Tennis Club
– Close to all amenities, shopping, and public transport
For further information, contact the exclusive selling agents.
