436 Newcastle Street, West Perth, WA 6005

Development/Land

Sold

  • Property ID: 264744
  • Floor Area: 2461m²
  • Land Area: 2461m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
  • Cafes: 5 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 18/05/2018 2461m2 2461m2 Contact Agent
Development Opportunity in Central Location

- Prime inner city vacant site.
- Land area 2,461sqm*.
- Zoned for commercial and residential uses.
- Previous DA (now expired) for Mixed Use development of 77 apartments and 7 commercial suites.
- Two street frontages.


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.

Location
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*

Zoning
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.

*Approx

West Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $337 ---
Retail $10185 $239 2.35%
Offices --- $808 ---
This is the average advertised price, rent and yield for West Perth, WA 6005*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 436 Newcastle Street, West Perth, WA 6005. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 436 Newcastle Street, West Perth, WA 6005. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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