This affordable regular shaped parcel of land is available for sale now. There is a lease which expires on 30/11/2017 and this affords the lucky buyer some holding income while he/she plans for their proposed development, however the lease contains a “redevelopment clause” which may allow the owner to terminate the lease with 3 months’ notice.
The land has a 20.2 metre frontage and depth of 30.16 metres and is rectangular in shape. The wide frontage allows for flexibility in building design. The property is zoned “residential/commercial” and allows for a variety of development options, including a multi storey apartment development.
There is a 3:1 Plot Ration with other Plot Ratio Bonuses available. The land comes under the City of Perth P14 Goderich Precinct and development is guided by the Goderich Design Policy. Residential, office and Special Residential uses are all permitted.
Don’t miss this fantastic opportunity to own this affordable and manageable sized inner city apartment or mixed use development site! Call Grant Stewart now on 0411634528 or email to [email protected]