Proposed Lot 69 Coolgardie Street, West Perth, WA 6005

Development/Land | Industrial

For Sale $5,450,000 + GST

  • Property ID: 341577
  • Floor Area: 720m²
  • Land Area: 1818m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
DEVELOPMENT SITE IN PRIME LOCATION WITH HOLDING INCOME POTENTIAL!

Land area of 1,818m2 situated walking distance from Perth Arena and the CBD. A rare opportunity - The time is now!
ZONING: The property is zoned "Commercial"by the City of Perth, which allows for a plot ratio of 3:1 with plot ratio bonuses available up to a maximum of 50%.
IMPROVEMENTS: High truss brick warehouse of approximately 720m2 with huge amount of character. For the discerning owner occupier that could utilise the buildings potential, this is a great opportunity to take advantage of the market, buy and use now with the future development potential as a fallback.
POTENTIAL FOR HOLDING INCOME: The existing building allows for the potential of leasing in addition to the rental that could be achieved from the 35 car-bays onsite.
LOCATION: Situated near the corner of Coolgardie St and Wellington Street, within easy walking distance to Perth Arena and the Perth CBD. Public Transport is easily accessible with Perth Railway Station and Busport nearby in addition to the CAT bus service. Very close to Freeway access both North and South. Plenty of Amenity nearby with Watertown Shopping Centre just across Wellington Street.
There are limited development sites of this size available in West Perth with such good credentials!
Contact Joint Exclusive Agents now for further information - Burgess Rawson and Altegra Property Group

West Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $207 ---
Retail --- $366 ---
Offices $4775 $529 11.09%
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™.
  • 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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