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UNDER OFFER BY OPENN NEGOTIATION
617m2 of residential inner-city land with heritage-listed residence, plus spare land for future subdivision or multi-level development (subject to approval).
Renovate the existing improvements as a residence, office or rental investment, and landbank the spare land for future potential.
LAND DETAILS
• Land Area 617sqm
• Frontage to Wellington Street 10.08m
ZONING
The City of Perth advise that the property is located in Precinct 14 - Goderich and is currently zoned Residential R160. Please refer to the Selling Agent for further details.
DEVELOPMENT GUIDELINES
• Plot ratio - 3:1 plus eligible for maximum 50% plot ratio bonus
• Height limit - 21m
• Valuation input supports a highest & best use for up to 14 two bedroom units 73m2 (approx) over 5- 7 levels- STCA
• Alternatively there is potential to subdivide the Heritage character residence (pending renovation) with street frontage and create two new vacant Lots with rear lane access (STCA)
Call Lee Murray today on 0419 592 228 for more information on this property and the Openn Negotiation process.
*The description provided is for general information purposes only. ACTON Rockingham believes that this information is correct but it does not warrant or guarantee the accuracy of the information. Some photos may have been enhanced for your viewing pleasure. This property may differ from the photos upon inspection. Buyers are asked to undertake independent due diligence investigations and enquiries regarding the property, as no responsibility can be accepted by ACTON Rockingham for any information that may be deemed incorrect.
Property features
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Garages
1
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Toilets
1
Property snapshot by reiwa.com
This property at 47 Wellington Street, East Perth is a three bedroom, one bathroom house sold by Lee Murray at Acton | Belle Property Rockingham and Baldivis on 27 Nov 2020.
Looking to buy a similar property in the area? View other three bedroom properties for sale in East Perth or see other recently sold properties in East Perth.
Nearby schools
East Perth overview
A tranquil waterside village, East Perth is situated less than two kilometres from the Perth city hub. Admired for its beautiful residential landscapes, the idyllic riverside suburb has long since set the benchmark for inner-city living. East Perth provides a bustling urban lifestyle against a picturesque backdrop.
Life in East Perth
There are eateries, sporting venues, pubs and evening venues all accessible within East Perth. The iconic Royal Street is home to some of the best brunch spots in Perth and there is The Royal on The Waterfront, a much loved pub, restaurant and cocktail bar. The WACA, the home of cricket in Western Australia, is also a feature of the suburb and hosts some of the biggest games in cricket every year. Other notable mentions include the Perth Mint, Claisebrook Cove and City Farm.
East Perth quick stats
High end
$1.7m
Median
$1.4m
Low end
$1.0m
-25.4 %
Annual growth
$1.4m
Annual median sales price
$720pw
Annual median rental price
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