220 Pier Street, Perth, WA 6000

Development/Land

For Sale Expressions of Interest

  • Property ID: 393598
  • Land Area: 3490m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Prime Inner City Development Site

Ray White Commercial (WA) and Lease Equity as joint exclusive agents are pleased to offer for sale a significant strategic land holding in Perth's rapidly developing inner City precinct.

The property is a significant development site of 3,490sqm improved with a single level warehouse, benefiting from two street frontages (Pier Street and Nash Street) and adjoining the Work Zone offices.

· Existing functional high truss warehouse of 2,390sqm*.

· Site Area: 3,490sqm*.

· Dual frontage to Pier and Nash Street providing excellent accessibility and flexibility for redevelopment.

· Zoned City Centre - Stirling (Precinct 3). Plot ratio 4:1 with a maxium of 6:1 (STCA)^.

· Adjoins A grade office development (WorkZone), fully leased to a number of government agencies and A grade tenants.

· Located within emerging education, government services and cultural precinct.

· Opportunity to:

- Redevelop under 4:1 Plot ratio plus bonuses, subject to use;

- Lease existing warehouse and derive an income;

- Repurpose existing improvements for an alternate use;

- Owner occupy and landbank for future development.

Expressions of Interest closing Thursday, 19 August 2021 at 5pm (AWST).

For Information or to arrange an inspection, please contact:

Brett Wilkins
Ray White Commercial (WA)
M:0478 611 168
E: brett.wilkins@raywhite.com

Luke Pavlos
Lease Equity
M: 0420 880 880
E: lukep@lease-equity.com.au


*Approximate
^ Subject to Council Approval

Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4401 $610 13.87%
Industrial $2646 --- ---
Retail $4592 $367 8.00%
This is the average advertised price, rent and yield for Perth, WA 6000*
* 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×