Under instructions from Beck Advisory.
RWC WA and JLL are proud to present 2-14 Elder Street, a rare large-scale west-end CBD landholding offering significant redevelopment and value-add potential.
Overview:
• Prime west-end CBD location with outstanding connectivity
• Dual Hay and Elder Street frontages across 2,409m² of land
• Flexible 'City Centre' zoning supporting mixed-use outcomes
• Draft planning scheme indicating >28,000m² GFA potential (STCA)
• Current holding income of approx. $436,000 p.a.
Description:
Positioned prominently on the corner of Hay and Elder Streets, the site delivers dual street frontage and seamless connectivity to Perth's CBD core, Elizabeth Quay, Kings Park, RAC Arena, and the forthcoming ECU City Campus.
The combined 2,409m²* freehold landholding is zoned 'City Centre' under the City of Perth Planning Scheme No.2, supporting a wide range of future uses including office, residential, hotel, or mixed-use development (STCA). The draft Local Planning Scheme No.3 offers additional upside, with total potential GFA exceeding 28,000m² (STCA).
The existing improvements generate an estimated gross holding income of $436,000 per annum, providing immediate returns while enabling flexibility for adaptive re-use or full redevelopment.
The existing improvements and uses are:
• 2-14 Elder Street - a high-bay warehouse with a three-storey brick structure incorporating office/storage space, warehouse, and undercover/open parking.
Contact the exclusive selling agents for further information or to arrange an inspection.
Brett Wilkins
0478 611 168
[email protected]
Andrew Woodley Page
0438 939 869
[email protected]
Nigel Freshwater
0417 197 375
[email protected]
Sean Flynn
0412 779 987
[email protected]
*Approx
This commercial property at 2-14 Elder Street, Perth is listed for sale by Brett Wilkins and Andrew Woodley-Page at Ray White Commercial (WA).
It has been described by the agent as ‘Prime Perth CBD development opportunity with income’.
If you would like to get in touch with Brett Wilkins or Andrew Woodley-Page regarding 2-14 Elder Street, Perth, please call Brett on 0478 611 168 or call Andrew on 0438 939 869, or contact the agent via email.