2 Wotan Street, Innaloo WA 6018

Corner 933sqm* Development Block

West Coast Real Estate is proud to offer 2 Wotan Street Innaloo (corner Scarborough Beach Road and Muriel Avenue). An outstanding opportunity to secure a high profile gateway site ready for an astute investor/developer.

THE LOCATION
A gateway corner site to the Innaloo business district with over 23 meters frontage to Scarborough Beach Road and 15.83 meters to Muriel Avenue, this high profile site will provide sweeping district views across Herdsman Lake to the CBD.

THE OPPORTUNITY
Ready made for redevelopment utilising the current zoning which allows up to 3 storey building height, a holding income is in place to long term tenants. The dual street frontage to both Scarborough Beach Road and Muriel Avenue provides ease of access to the site.

IMPROVEMENTS
The current modest dwelling offers 3 bedrooms and 2 bathrooms, extensive outbuildings complete the property.

LAND DETAILS
Total land holding is 933m2. Frontage to Scarborough Beach Road 23.13 meters and Muriel Avenue 15.83 meters plus truncation.

ZONING
The City of Stirling advise that the property is located within the Scarborough Beach Road West Special Control Area and is zoned Residential 1 R-ACO. This allows a building height of up to 3 Storeys with a minimum of 2 Storeys.

DEVELOPMENT GUIDELINES
Height Limit - 3 Storeys
Residential - please ask for permitted uses

ASKING PRICE
Offers Invited.