783-789 Wellington Street, West Perth WA 6005

NAI Harcourts Metro is pleased to present 783-789 Wellington Street, West Perth, Western Australia to the market.

A rare strategic development site located at the city end of West Perth perched on a total land size of 2813sqm.

Ideal for commercial, student accommodation or special residential development opportunities.

Alternatively re-purpose the existing building that features freeway access and massive parking opportunities.

This multipurpose freehold site comprises three Lots 48, 30 & 75 with a land size totalling 2,813sqm.

There is an existing freestanding two-level building offering an exceptional opportunity for investors or developers to secure with strong blue-sky value.

Development Site Highlights -

• Land Area 2813sqm
• Plot Ratio 3:1
• Bonus Plot Ratio for Student Accommodation or Special Residential

The site is located approximately 700m to new Edith Cowan University (ECU) Campus & Perth Central Business District.

Location -

Strategically located in the P10 West Perth Precinct, this property is situated within one of Perth city's most prominent streets in a prime location with direct easy access to the Perth CBD, Kings Park, Subiaco, Leederville and the broader metropolitan network.

A landmark location opposite the RAC Stadium with close proximity to the CBD, Perth underground bus port, train station and easy access to Mitchell/Kwinana Freeways connections on and off ramps.

Development Potential -

The site is ideal for multi-storey projects offering compelling choices for investors and developers seeking to invest in West Perth.

Undoubtedly, a strategic land holding with relatively large floor plate, the site proposes significant development potential with current maximum plot ratio of 3:1 allowing for flexible development potential and project efficiencies on this outstanding area.

Property -

• Total land area 2,813sqm (Lots 48, 30 & 75)
• Floor area 1612sqm
• Zoned Commercial West Perth Precinct 10 under the City of Perth Local Planning Scheme No 2
• Maximum plot ratio of 3:1
• Bonus plot ratio for student accommodation or special residential
• Offered with vacant possession
• Offered with onsite car bays
• Commercial Scheme Use Area
• Approximately 700m to new Edith Cowan University Campus, Train & Bus Stations
• Proximity to Curtin University, Murray Street
• Ability to refurbish the existing two-storey structure and occupy or lease in the meantime

Method of Sale -

Private treaty sale through expressions of interest.

Contact Sheila Rejek on 0422 888 323 or [email protected] for more information.

Disclaimer:
NAI Harcourts Metro endeavours to ensure all information in relation to zoning uses, block sizes and dimensions are current and correct and is provided for general information purposes only and may be subject to change. Readers/Buyers should undertake their own independent enquiries to conduct their own full due diligence relating to the information provided and place no reliance on it without first independently satisfy themselves as to the correctness or otherwise of its contents including all statements of fact, assumptions, calculations and methodologies. NAI Harcourts Metro (including its agents and sales representatives) makes no representation or warranty as to its currency or accuracy.