Approved Port Coogee SDA project offered for sale
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
Case Studies
33 CLEAVER TERRACE, RIVERVALE, WESTERN AUSTRALIA
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 |
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