8 Parker Street, Northbridge, WA 6003

Development/Land

For Sale $3,750,000 + GST

  • Property ID: 319189
  • Land Area: 548m²
  • Occupancy: Vacant
Prime Northbridge Development Opportunity

Colliers International and ACTON Commercial are pleased to offer 8 Parker Street, Northbridge for sale. A rare opportunity to purchase a superb vacant land development site in Northbridge, one of Perth's most sought after inner city locations.

THE OPPORTUNITY
The property is suitable for a range of development options including residential, commercial or hotel accommodation whilst taking advantage of the premium location, generous plot ratio allowances, proximity to the Perth CBD and other key commercial precincts, to deliver and outstanding development outcome with views over picturesque Russell Square in a vibrant location.

ZONING
The City of Perth confirm that the property is located in Precinct 1 - Northbridge and is zoned "City Centre". Please refer to the Selling Agent for further details.

DEVELOPMENT GUIDELINES
- Plot Ratio - 4:1 plus eligible for a 20% plot ratio bonus
- Height limit - 40 metres
Plans have previously been approved for a 12 level, mixed use development.

LAND DETAILS
- Land Area 548 square metres
- Frontage to Parker Street - 13.42 metres
- Frontage to Mountain Terrace - 13.42 metres

ASKING PRICE
$3,750,000 + GST

GST
The Sellers are registered for GST and the GST is payable in addition to the sale price at settlement.

For more information, please contact an agent today.

Northbridge Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $797 ---
Retail $2419 $245 10.13%
Offices --- $538 ---
This is the average advertised price, rent and yield for Northbridge, WA 6003*
* 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 8 Parker Street, Northbridge, WA 6003. 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 8 Parker Street, Northbridge, WA 6003. 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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