Sold
7/44 Mill Point Road, South Perth WA 6151
Sold price: $855,000
Sold: 12 Sep 2023
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 88m2
Apartment
View
Rare South Perth Development Opportunity
As the exclusive selling agent, Jones Realty & Projects and Steve Jones are excited to present this 5 star located development site for sale. This potential development site is located in one of the most sort after locations of South Perth, at the northern end of the prestigious Mill Point Road.
The current apartment complex on the site consists of 18 x one bedroom apartments, generating an estimate of over $400k in annual rental return. The total site area is 2191m2 and the site is zoned for a potential 17 story apartment development.
The site presents an opportunity for developers to acquire one of the most premier sites in South Perth. This high density infill site is magnificently positioned to provide a high rise apartment development with 360-degree panoramic views of the Swan River and Perth City from level 5 of any potential development. The location provides a short stroll to the South Perth foreshore and the shopping precinct in Mend St.
This extremely rare opportunity is an offer for sale via an Expression of Interest. For further information please contact Steve Jones at Jones Realty & Projects.
Disclaimer: The above information is provided for general information purposes only and is based on information provided by the seller and local council and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and make their own independent enquiries.
Property features
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Garages
1
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Floor area
88m2
Property snapshot by reiwa.com
This property at 7/44 Mill Point Road, South Perth is a two bedroom, one bathroom apartment sold by Steve Jones at Jones Realty & Projects on 12 Sep 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in South Perth or see other recently sold properties in South Perth.
Nearby schools
South Perth overview
Envied for its beautiful riverside positioning, South Perth's affluent lifestyle provides breathtaking views from numerous vantage points within its five square kilometre land area. The established suburb has a commercial area within its boundaries, as well as significant parkland sections along the foreshore.
Life in South Perth
South Perth is rife with places to visit as well as restaurants, reserves and gardens, with perhaps its most notable feature being the Perth Zoo. Among its numerous dining establishments, Coco's on the foreshore is the most exclusive and takes full advantage of the gorgeous surrounding river views. The Windsor Hotel, Bar & Restaurant is a popular fixture of the suburb as is the Royal Perth Golf Club.
South Perth quick stats
High end
$2.6m
Median
$1.8m
Low end
$1.4m
-5.0 %
Annual growth
$1.8m
Annual median sales price
$800pw
Annual median rental price
