PERTH DEVELOPMENT SITE
The property represents a prominent development site of 3,490m² benefiting from street frontages to Pier Street and Nash Street. The property is improved with an old warehouse with no added value.
The property was previously approved for a 29 storey hotel and residential building to Nash Street and a 16 storey development to Pier Street
Features include:
| Sale Analysis | |
| Sale Price: | $11,000,000 + GST |
| Sale Date: | October 2022 |
| NLA Area: | 2,390sqm* |
| Land Area: | 3,490sqm* |
| Land Rate / sqm: | $3,151/sqm |
| Vendor: | Peakstone |
| Purchaser: | National Storage |
| Sale Process: | Extended sales campaign with Offers Invited |
*Approximately
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