Prime Inner City Development Site
Ray White Commercial (WA) is 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 the Agents:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com
Luke Pavlos
Ray White Commercial (WA)
M: 0408 238 238
E: luke.pavlos@raywhite.com
* Approximate
^ Subject to Council Approval
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 the Agents:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com
Luke Pavlos
Ray White Commercial (WA)
M: 0408 238 238
E: luke.pavlos@raywhite.com
* Approximate
^ Subject to Council Approval