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Prime Central Development Site
YOUR DEVELOPMENT SITE
The Perth residential marketing is red hot right now, with a lack of available housing the main driver. Prime development sites are sought after as a result and the size, potential and central location of this rare development opportunity makes it one of the very best sites on offer to take advantage of this housing shortage.
Comprising two green title lots on the one title, this 728m2 site is zoned "Mixed Use R100", allowing a substantial dwelling unit development based on a plot ratio of 1.3 (subject to WAPC approval), or a multi - level apartment development with a commercial component potentially on the ground level.
There is a bonus quaint, character 4 bedroom home situated on the site that could possibly provide some short-term holding income with some upgrading.
YOUR LOCATION
The key to a great development site is it's location, and the convenience of this location is simply outstanding. It's only a short stroll to HBF Park and a quick drive to Optus Stadium. Access to the Perth CBD is a breeze, with the nearby Highgate café strip and the restaurants and bars in nearby Northbridge at your fingertips. Other recreational opportunities include Loton Park Tennis Club beautiful Hyde Park and the pristine Swan River foreshore.
Nearby Claisebrook and East Perth Train Stations combine with public bus routes to provide superb public transport. Royal Perth Hospital is close and a variety of quality schooling options within comfortable proximity include Perth College, Trinity College, Highgate Primary School, Mercedes College and Perth Modern School, with popular Edith Cowan University not far away.
Ultra impressive potential seamlessly combines with an unrivalled, central location, creating this highly desirable development opportunity. This magnificent site beckons all astute investors or developers.
Council Rates:$1,719 per annum
Water Rates: $1,218 per annum
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 157 Claisebrook Road, Perth is a four bedroom, one bathroom house sold by Cam McGregor at Abel Property Sales on 09 May 2025.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Perth or see other recently sold properties in Perth.
Cost breakdown
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Council rates: $1,719 / year
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Water rates: $1,218 / year
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.7m
Median
$1.4m
Low end
$1.3m
14.1 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price
