40 Cheriton Street, Perth WA 6000

RARE AND OUTSTANDING OPPORTUNITY!

VERSATILE DEVELOPMENT PROPERTY
MULTIPLE DEVELOPMENT OPTIONS
EXCEPTIONAL INNER CITY LOCATION
EXISTING PASSING INCOME

An outstanding, rarely offered opportunity to purchase substantial property in a rapidly growing, tightly held and highly sought after CBD location!

Currently configured and utilised as a leased showroom and warehouse, the property boasts a superb location, being brilliantly positioned in proximity to the Perth CBD, Northbridge, and Mt Lawley, with immediate and easy access to main arterial routes and freeway on ramps.

With a preferred Mixed Use R100 zoning, the property affords attractive multiple options for development, including commercial, mixed use commercial and residential, multi-storey construction, or bespoke, purpose built commercial development.


PROPERTY HIGHLIGHTS
- Rare Inner City green titled development lot
- Preferred and developing inner city location
- 1020m2 of land area
- 20.20 metre frontage to Cheriton Street
- Zoned mixed use R100
- Multiple development options
- Holding Income with potential increase to yield
- Uninterrupted city views location

LOCATION BENEFITS
- Central Inner city location
- Neighbouring Highgate, East Perth, Mt Lawley and Perth CBD
- Walking distance to East Perth Train Station
- Adjoining Norwood Park recreational facility
- Close to childcare facilities and healthcare
- Easy and immediate access to Freeway on ramps
- Minutes to Graham Farmer Freeway
- Close to proposed East Perth Power Station Redevelopment
- Short distance to HBF Park and Loton Park Tennis Club
- Close to all amenities, shopping, and public transport

For further information, contact the exclusive selling agents.