This prime West Perth 1,254sqm development site is a 100% freehold opportunity that offers an enormous range of possibilities - refurbish the existing 600 sqm (approx) showroom/building, demolish and build a great variety of commercial and residential options (subject to planning approval).
#879 & # 883 Wellington St is a 2 lot, single title – 1254 sqm development site offering 21.32 metres* of Wellington Street frontage, sitting within the “Office/Residential” Use Area under West Perth Precinct Plan No. 10 in the City of Perth's City Planning Scheme No. 2 (CPS2). The site benefits from a driveway access from Wellington St or rear R.O.W. access, with fantastic views over Harold Boas Gardens to the north west, through to the CBD in the east.
It occupies an ideal Wellington Street location opposite Watertown Brand Outlet Centre, and only a few minutes' walk to West Perth's vibrant Hay Street commercial, retail & entertainment precinct and the City West train station, and just 1km from Edith Cowan University's new Perth City Campus - the Mitchell Freeway is less than 500 metres away.
The site is zoned 'Urban' under the Metropolitan Region Scheme (MRS) and “Office/Residential” under the City of Perth's CPS2. Whilst the site benefits from a base plot ratio of 3:1 under CPS2, the draft Local Planning Scheme 3 (LPS3) from City of Perth currently proposes lifting the plot ratio to 5.5:1 *. The site offers flexibility for a broad range of potential uses. Interested buyers should seek independent planning advice or engage with City of Perth to verify any planning status of the site or development potential
Viewing by Appointment - Call Shane for a private inspection or further information on 0410339499.
*PLEASE NOTE while every effort has been made to ensure this information is correct at the time of listing, this information is provided for reference only and is subject to further buyer enquiry.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
