Development Opportunity in Central Location
436 Newcastle Street, West Perth, WA 6005
- 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