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5 STOREY DEV SITE
PRIME R160 DEVELOPMENT SITE
Prime development sites like this, in the rezoned parts of Nedlands and Dalkeith, are in VERY HIGH DEMAND. If your thinking of selling and want to maximise your returns, I'd love to speak with you and share the strategies we put in place to create such a fantastic result in an efficient time frame.
SUMMARY OF WHAT WE SOLD: This is a 1013sqm, level site in a prime location, one lot from a beautiful, large, manicured park - The Peace Memorial Rose Gardens, Nedlands. It is one of only 4 lots now zoned R160 on the park with no road between.
The park is virtually on your doorstep and a plethora of local convinces are only a short walk away, either directly across the park or just down the street. Here's just some examples:
• Bus stop - 220m
• Convenience Store - 288m
• Elixir Caf - 485m
• Chez Pier French Restaurant - 300m
• Chelsea Pizza - 470m
• Windsor Movies - 418m
• Keturah Day Spa - 335m
• Taylor Rd IGA - 620m
Lot dimensions are 1013sqm with 21.5m street frontage x 47.1m depth. With a plot ratio of 2, you can develop approx. 2,026sqm of apartment area and go as high as 5 stories, based on City of Nedlands Guideline Documents.
All making this an ABSOLUTELY PRIME REDEVELOPMENT OPPORTUNITY under the City of Nedlands new Town Planning Scheme #3, gazetted on 16/04/2019.
The existing, neat as a pin 4 bed 2.5 bath, plus study, double brick and iron home is effectively a free bonus! Immaculate and leased at $850 per week with delightful, obliging tenants through to August 2019, who are happy to extend if the opportunity was there.
DISCLAIMER: All measurements in our marketing are approximate, based on available mapping and Google Earth measurements. All Buyers are to base their decisions entirely on their own investigations and due diligence in respect to the development potential, dimensions and distances.
Offered for IMMEDIATE SALE on an OFFERS basis. The seller's price guide was from MID $2mil's.
Call today for a confidential chat about what is possible, and how to achieve it.
Property features
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Carports
2
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Toilets
3
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Lounge
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Dining
Property snapshot by reiwa.com
This property at 19 Louise Street, Nedlands is a four bedroom, two bathroom house sold by Peter Robertson at William Porteous Properties International on 09 Aug 2019.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Nedlands or see other recently sold properties in Nedlands.
Nearby schools
Nedlands overview
Nedlands is an inner-western suburb of Perth. It has a diverse mixture of housing with low-cost dwellings provided for students of the neighbouring University of Western Australia and wealthy homes in the southern sector of the suburb. There is also a significant commercial sector along both sides of Stirling Highway.
Life in Nedlands
Home to some of the finest medical facilities in the state, such as one of Perth's major public hospitals Sir Charles Gairdner Hospital, Nedlands has plenty to offer its residents. Recreation facilities are in abundance with tennis courts, sports clubs, parks, ovals, a yacht club and a golf club all available. Other major features of the suburb include the Lions Eye Institute and Hollywood Private Hospital.
Nedlands quick stats
High end
$2.7m
Median
$2.3m
Low end
$1.8m
17.4 %
Annual growth
$2.3m
Annual median sales price
$1,050pw
Annual median rental price
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