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 significant slice of Perth’s eastern CBD is set to change hands, with the prominent development site at 228 Adelaide Terrace formally launched to the market by Andrew Woodley-Page and Brett Wilkins of RWC WA. Occupying a substantial 3,275sqm freehold landholding, the property presents a rare large-scale CBD development opportunity … Read more
Leading commercial agents Andrew Woodley-Page and Brett Wilkins of RWC WA have been appointed to market for sale the freehold interest in 256 St Georges Terrace, Perth, with price expectations understood to be in the $200 million range. Prominently positioned at the “top of the Terrace” in Perth’s tightly held … Read more