51-55 Wittenoom Street, East Perth, WA 6004

Development/Land | Hotel/Leisure | Industrial

Sold $2,000,000

  • Property ID: 392519
  • Floor Area: 886m²
  • Land Area: 912m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 886m2 912m2 N/A
912sqm* High Density Mixed Use Development Site - comes with 886sqm* warehouse area

Ray White Commercial WA presents 51-55 Wittenoom Street, East Perth for sale as an urban infill redevelopment site with high density capacity.

The property parcel is realistically priced for prompt sale (Price upon Application).

The combined property parcel is exceptionally positioned between the desirable Royal Street / Claisebrook Cove café precinct and the broad expanse parklands of Wellington Square.

The land comprises 3 adjacent freehold titled lots with two adjoining functional warehouses of 552sqm* and 334sqm* that are ideal for occupation until redevelopment. The larger warehouse is currently occupied on a monthly lease and generates a holding income of $4,000pcm gross.

The combined land area of 912sqm* is zoned 'Residential / Commercial' and has a plot ratio 3:1 (plus potential bonuses), although the potential for larger sale development with increased height (<16 storeys) and higher plot ratio is provided for with a new City of Perth draft Local Planning Scheme.

(*approximately)

For further information or to arrange an inspection please contact the Agents:

Michael Milne
Ray White Commercial (WA)
M: 0403 466 603
E: michael.milne@raywhite.com

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

East Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4751 --- ---
Retail $9357 $629 6.72%
Offices $9357 $443 4.73%
This is the average advertised price, rent and yield for East Perth, WA 6004*
* 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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