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Development/Land For Sale found in WEST LEEDERVILLE, WA 6007

Properties located in the surrounding suburbs



889m2 - Corner site with Development Approval for 7 Level mixed use building !!
Current Development Approval for seven storey mixed use development incorporating;
- Hospitality on Ground and Mezzanine
- Commercial on Level 1 and 2
- 12 Residential Units on Levels 3 to 5
The property is within West Perth Precinct of the Perth City Planning scheme no 2.- Zoned "Office / Residential"
Well located on the southern side of Wellington Street on the corner of Colin Street, overlooking Harold Boas Gardens.
Easy access to Public Transport with CAT bus stops on both Wellington and Hay Street. City West Railway Station is also within easy walking distance being a few hundred meters away.
Amenity is provided at Hay Street Cafe and Restaurant precinct which runs parallel to the south as well as Water Town Shopping Centre which is on Wellington Street to the East.

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Price: $3,000,000 Exc. GST    Land: 889m²    Occupancy: Vacant


Development/Land | Offices

LAND AREA: 963m2 approximately.
BLD AREA: 200m2 approximately
Width: 16.05m approx
Length: 60.00m approx.
BUILT IMPROVEMENTS: Currently there is a residential styled office building existing on the land. The condition of the building is very good and would suit an owner occupier.
LOCATION: Located facing Wellington Street in West Perth which is one of Perth CBD's best and most sought after fringe suburbs. Situated not far from the intersection of Thomas Street.
ZONING: The property is within West Perth Precinct of the Perth City Planning scheme no 2.
- Zoned Office / Residential
- Plot Ratio of 2:1 (maximum 1.33:1 for use other than residential or special residential)
- Maximum plot ratio bonus of 20%
There is also some potential to buy the neighbouring blocks.
Call Adam now to arrange an inspection

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Price: $2,650,000 Exc. GST    Building: 963m²    Land: 963m²    Occupancy: Vacant



- Prime inner city vacant site.
- Land area 2,461sqm*.
- Zoned for commercial and residential uses.
- Two street frontages.
- Previous DA (now expired) for Mixed Use development of 77 apartments and 7 commercial suites.
The Opportunity
Burgess Rawson is pleased to offer for sale 436 Newcastle Street (Corner Charles Street), West Perth. The property is suited to a wide range of development possibilities. The site had a previous Development Approval (now
expired) for a Mixed Use development of 77 apartments and 7 commercial suites.

The property is centrally located on the corner of Charles and Newcastles Streets, just 1.5 kilometres from the Perth CBD and within close proximity to the Graham Farmer and Mitchell Freeway. Northbridge and Leederville entertainment precincts are an easy walk from the site.

Legal Description
The property is contained within 6 Certificates of Title, Copies are available from the Selling Agents upon request.

Development Potential
Superbly located the site offers multiple development possibilities including high rise
residential apartments, mixed use development or a commercial office. Refer selling agent for further information.

Land Area
Frontage to Newcastle Street 36.32 metres
Frontage to Charles Street 47.34 metres
Corner Truncation 8.10 metres
Total Land Area 2,461sqm*

The land is zoned ‘Commercial’ and ‘R80’ under the Town of Vincent Planning Scheme No. 1.

Asking Price
$6,000,000 + GST

Goods and Services Tax
The sellers are registered for GST and the buyer will be required to pay the sellers GST liability at settlement.


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Price: $6,000,000 + GST    Building: 2461m²    Land: 2461m²    Occupancy: Vacant


Suburb Summary - West Leederville, WA 6007

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $5297 $242 4.56%
Retail $185
Industrial $50
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.

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