Three-level residential complex comprising of 12 individually strata titled units offering three 1-bedroom and nine 2-bedroom units with an allocated car bay each. Valid subdivision approval for 5 lots of 256sqm each of excess rear land. Proximity to major arterial routes of Carrington Street, Leach Highway and South Street.
Key attributes include:
| Sales Analysis | |
| Sale Price: | $4,020,000 |
| Sale Date: | January 2024 |
| Yield – Passing: | 3.28% |
| 1-bed units | Three |
| 2-bed units | Nine |
| Price per unit | $335,000 |
| Land area | 2,630sqm |
| Land price/sqm | $1,529/sqm |
| Vendor: | Private |
| Purchaser: | Local investors |
| Sales Process: | Expression of Interest campaign |
A 461.56sqm development site at Mount Hawthorn has hit the market, offering developers a shovel-ready opportunity to bypass Perth’s lengthy planning pipeline. Marketed by Brett Wilkins and Stephen Harrison of RWC WA Capital Markets on behalf of a local private developer, 177 Scarborough Beach Road, comes with approval for a six-storey mixed-use project. The approval … […]
In a market where prime industrial land is almost exclusively locked up in private hands, a 2.43ha Bibra Lakes site has been brought to market. The 24,281sqm property at 45 Wellard Street, has changed owners only once in more than 35 years. And both times, it happened behind closed doors. Now, after 13 years of … […]