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Development Site with Holding Income
Zoned Mixed Use R80 this outstanding site offers dual street frontage and a solid holding income.
- Two separate titles comprising of both 190 Brisbane Street and 194 Brisbane Street.
- Land area of 1,215sqm.
- Currently approved for use as 'hostel' and currently leased.
- Flexibility to take vacant possession on settlement or purchaser may seek to negotiate a new lease with the established tenant.
- Central to popular entertainment precincts of Northbridge, Leederville, Mount Lawley and North Perth. A short walk to Perth City CBD.
Listing snapshot by reiwa.com
This land listing located in Perth was sold by Craig Boyanich and Mark Rayner at Rayner Real Estate.
If you would like to get in touch with Craig Boyanich or Mark Rayner regarding 190-194 Brisbane Street, Perth, please call Craig on 0433 926 283 or call Mark on 0416 208 888, or contact the agent via email.
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
$1.4m
Median
$1.2m
Low end
$970k
28.3 %
Annual growth
$1.2m
Annual median sales price
$750pw
Annual median rental price
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