RWC WA is pleased to present 8 Padbury Terrace, Midland for sale via expression of interest. The property will be sold with vacant possession allowing for repositioning of current improvements and/or redevelopment of part or the whole site making the most of the MRA planning guidelines.
The unencumbered 1,261sqm* Green Title lot would be ideal for a range of development opportunities with flexible zoning controlled by the MRA for both high-density and commercial use.
PROPERTY FEATURES AND HIGHLIGHTS
• 1920s-character home positioned to the front of the lot - Full refurbishment required if retained
• Regular shape allotment with 20m* frontage to Padbury Terrace
• Predominantly flat and ready to develop
DEVELOPMENT AND PLANNING
• Planning Authority: Development WA
• Precinct: Victoria Street
• Sub Precinct: Cale Street East
• 9-12 Story height potential (39m) however setbacks of 10m above podium level restrict development to a maximum of 3 to 4 storeys on this site
• Permitted uses include (STCA) Office, Consulting Rooms, Business Services, Medical Centre, Residential, Child Care Premises and Club Premises
LOCATION
8 Padbury Terrace is centrally located within the established, regional centre suburb of Midland. The property is a short walk to a high level of amenities including Midland Station, Centrepoint Midland Shopping Centre and Midland Gate Shopping Centre. being tenanted by Woolworths, Coles, Big W, Kmart among many other essential businesses such as post offices, banks and bottle shops. The property is also in proximity to a major employment hub, most notable being; Landgate, St John of God Midland Public and Private Hospitals and the large shopping centres.
For further information or to arrange an inspection, please contact the Agents:
Tom Jones
RWC(WA
Mobile: 0478 771 117
Email: [email protected]
Stephen Harrison
RWC WA
Mobile: 0421 622 777
Email: [email protected]
*Approximately
This commercial property at 8 Padbury Terrace, Midland is listed for sale by Tom Jones and Stephen Harrison at Ray White Commercial (WA).
It has been described by the agent as ‘Develop or retain and value add’.
If you would like to get in touch with Tom Jones or Stephen Harrison regarding 8 Padbury Terrace, Midland, please call Tom on 0478 771 117 or call Stephen on 0421 622 777, or contact the agent via email.