Prime Fringe CBD Opportunity
139 Stirling Street, Perth WA 6000
$2,900,000 (Going Concern)
Commercial LandSize: n/a
Block size: 769 m² approx.
MLV Real Estate as exclusive selling agents present the opportunity for developers and investors to acquire a prime fringe CBD development site and a significant landholding with holding income.
THE ASSET
Comprises a rectangular shape lot of 769sqm occupying a prominent position on Stirling Street in Perth. The improvements comprise a brick and iron brick workshop with a two-level office to the façade, with a total lettable area of approximately 740sqm. The property is currently utilised as a workshop, and will be sold with a leaseback to the current tenant 'Head Exchange', providing holding income while development approvals are sought.
KEY ATTRIBUTES
• Zoned City Centre, 'Precinct 3' under City of Perth Planning Scheme No. 2
• Plot ratio of 4.0:1, with a bonus plot ratio available of 6.0:1
• No prescribed building height limit
• Exceptional accessibility - Right of Way adjoining the northern boundary
• Outstanding redevelopment opportunities - office, retail, student accommodation, mixed use
LOCATION
Located approximately 900m north of the Perth GPO on the doorstep of the vibrant Northbridge precinct, with access to key transport links & exceptional amenity. Surrounding development encompasses numerous restaurants, sporting, entertainment facilities and significant commercial, residential and hotel development.
Distances to key landmarks
• Perth Train Station/Yagan Square - approximately 950m
• ECU City (Due completion late 2025) - approximately 1km
• North Metropolitan TAFE - approximately 250m
• Graham Farmer Freeway - approximately 550m
• HBF Park - approximately 650m
For lease terms, contact the exclusive selling agents.
THE ASSET
Comprises a rectangular shape lot of 769sqm occupying a prominent position on Stirling Street in Perth. The improvements comprise a brick and iron brick workshop with a two-level office to the façade, with a total lettable area of approximately 740sqm. The property is currently utilised as a workshop, and will be sold with a leaseback to the current tenant 'Head Exchange', providing holding income while development approvals are sought.
KEY ATTRIBUTES
• Zoned City Centre, 'Precinct 3' under City of Perth Planning Scheme No. 2
• Plot ratio of 4.0:1, with a bonus plot ratio available of 6.0:1
• No prescribed building height limit
• Exceptional accessibility - Right of Way adjoining the northern boundary
• Outstanding redevelopment opportunities - office, retail, student accommodation, mixed use
LOCATION
Located approximately 900m north of the Perth GPO on the doorstep of the vibrant Northbridge precinct, with access to key transport links & exceptional amenity. Surrounding development encompasses numerous restaurants, sporting, entertainment facilities and significant commercial, residential and hotel development.
Distances to key landmarks
• Perth Train Station/Yagan Square - approximately 950m
• ECU City (Due completion late 2025) - approximately 1km
• North Metropolitan TAFE - approximately 250m
• Graham Farmer Freeway - approximately 550m
• HBF Park - approximately 650m
For lease terms, contact the exclusive selling agents.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Chris Chesky to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Commercial Land
Block Size:
769 m²*
Other Details
Lot:
2
Legal description:
P000813/2
Maps and area information
Block information
Block size: 769m² (approx)
Legal description: P000813/2
Measurements are estimates only and based on data provided under licence from
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Property history
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SummaryMedian sales
Average Age
33 years
Population
13,670
Listing ID: 181839078. This listing has been viewed 2 times. It was first displayed on 09/08/2023 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.