Development/Land

Property ID: 393598

 

Prime Inner City Development Site

220 Pier Street, Perth, WA 6000

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.

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

For Sale

Expressions of Interest

Brett Wilkins