Strategic Perth Activity Centre - Major Land Holding Opportunity
Located right next door to Midland New Railway Station this is a rear opportunity to secure a significate land holding with three road frontage plus with the added advantage of the right of way access as well offering a unique redevelopment opportunity.
The property has the advantage of being fully leased with a current holding income from long term tenants and the full flexibility those current holding over leases offer a purchaser.
Purchasers not looking for immediately redevelopment will have the opportunity to renegotiate the current terms and rents across the property.
• Land - 2,872sqm* • Improvements PCA Measurement - Lease area of 1,672sqm • METRONET East Midland - Victoria Precinct Plan • Midland Redevelopment Area Design Guidelines • Sub-Precinct 5 - Victoria Street South • The redevelopment guidelines suggest a maximum height of 39m in the range of 9-12 stories.
With all land use categories (except Light Industrial) listed as preferred, the site offers a diverse range of potential uses.
All Expressions of Interest are closing at & will be sbmitted for consideration at the same time following the closing date on 4PM on Wednesday the 25th November.