Development/Land | Offices | Other

Property ID: 398565

 

HIGH DENSITY DEVELOPMENT SITE WITH HOLDING INCOME OPTION

139 Stirling Street, Perth, WA 6000

Take advantage of this prime development site offering unlimited height potential and the option for holding income base on a lease involving the current tenant. Currently occupied by a workshop, this 769sqm property presents an exceptional opportunity for various development possibilities.

Property features:

• Land area: 769sqm
• Net Lettable Area: 740sqm
• Plot ratio: 4:1 with a maximum bonus ratio area of 50% 6:1
• Workshop building with lane way access along the northern boundary
• No prescribed height limit
• Close proximity to public transport
• Potential inner-city views
• Available with a leaseback option
• Ideal for various developments such as office, residential, student accommodation, or hotel, this site offers immense potential in sought-after location.

For further information or to arrange an inspection, please contact

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

Michael Danagher
RWC (WA)
M: 0403 049 989
E: michael.danagher@raywhite.com

For Sale

$3,100,000 - $3,300,000

Stephen Harrison

Michael Danagher