ABUNDANT FLEXIBLE OPTIONS
Cleaver Terrace is a functional high truss office warehouse totalling 7008sqm* situated on a lot of 9991sqm*
The property is zoned mixed use under the local Town Planning Scheme. Due to its strategic location and proximity to both the residential and industrial sector in the Rivervale/ Belmont area the property offers further development upside to the purchasers.
The property was sold with a holding income.
Notably the property was sold within one week of launching this property to the market.
*approximately
| Sale Analysis | |
| Sale Price: | $5,300,000 |
| Sale Date: | 25 September 2020 |
| Site Area: | 9,991sqm* |
| Rate/sqm: | $530.48/sqm |
| Vendor: | Lisram Pty Ltd |
| Purchaser: | Brayco Distribution Pty Ltd |
| Sales Process: | Sold by Private Treaty |
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