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18 & 20 Kearns Crescent, ARDROSS, WA 6153

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18 & 20 Kearns Crescent, ARDROSS, WA 6153

Ardross

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18 & 20 Kearns Crescent, ARDROSS, WA 6153
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18 & 20 Kearns Crescent, ARDROSS, WA 6153

18 & 20 Kearns Crescent, ARDROSS, WA 6153

Properties / Buy / Western Australia / Ardross
Development Potential
Property Type
Commercial
Land Area
1,951 m² (*approx)
Selling Method
For Sale: Expressions of Interest
Show All
DEVELOPMENT + INCOME = OPPORTUNITY

A prime opportunity acquire a high density development site, with holding income in one of Perth's most exclusive riverside suburbs.

Currently two office buildings that are well maintained and managed, the sites offer both a passive income stream and the ability to develop.

Located in the Riseley Centre Precinct with all it's local shopping amenity and with the ability to build 6 stories or higher (STCA^), the site is ideal for high end residential, NDIS, aged care or commercial redevelopment.

Land Area:

• 18 Kearns Crescent - 1,030sqm

• 20 Kearns Crescent - 930sqm

• Total - 1,960sqm

Lettable Area:

• 18 Kearns Crescent - 526sqm*

• 20 Kearns Crescent - 519sqm*

• Total - 1,035sqm*

Net Income:

Current Passing Income $251,000 + Outgoings & GST (approx.)

Fully Let Potential Income $285,000 pa + Outgoings & GST (estimated)

Development Potential

6 Stories. Although it should be noted that 7 stories has been approved within the precinct.

Zoning:

District Centre 2 - "Riseley Centre Precinct" under the City of Melville Town Planning Scheme No.5.

"Precinct 3:The Crescent - District Centre R-ACO (no maximum residential density)" under the City of Melville Riseley Activity Centre Structure Plan.

Offers Invited

For further information or to arrange an inspection please contact:

Brett Wilkins

Ray White Commercial (WA)

M: 0478 611 168

E: [email protected]

Stephen Harrison

Ray White Commercial (WA)

M: 0421 622 777

E: [email protected]

*approximate

^Subject to Council approval

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

18 & 20 Kearns Crescent Development Site Summary

Property Type
Commercial
Land Area
1,951 m² (*approx)
Selling method
For Sale: Expressions of Interest

Development Site Highlights

DEVELOPMENT + INCOME = OPPORTUNITY

A prime opportunity acquire a high density development site, with holding income in one of Perth's most exclusive riverside suburbs.

Currently two office buildings that are well maintained and managed, the sites offer both a passive income stream and the ability to develop.

Located in the Riseley Centre Precinct with all it's local shopping amenity and with the ability to build 6 stories or higher (STCA^), the site is ideal for high end residential, NDIS, aged care or commercial redevelopment.

Land Area:

• 18 Kearns Crescent - 1,030sqm

• 20 Kearns Crescent - 930sqm

• Total - 1,960sqm

Lettable Area:

• 18 Kearns Crescent - 526sqm*

• 20 Kearns Crescent - 519sqm*

• Total - 1,035sqm*

Net Income:

Current Passing Income $251,000 + Outgoings & GST (approx.)

Fully Let Potential Income $285,000 pa + Outgoings & GST (estimated)

Development Potential

6 Stories. Although it should be noted that 7 stories has been approved within the precinct.

Zoning:

District Centre 2 - "Riseley Centre Precinct" under the City of Melville Town Planning Scheme No.5.

"Precinct 3:The Crescent - District Centre R-ACO (no maximum residential density)" under the City of Melville Riseley Activity Centre Structure Plan.

Offers Invited

For further information or to arrange an inspection please contact:

Brett Wilkins

Ray White Commercial (WA)

M: 0478 611 168

E: [email protected]

Stephen Harrison

Ray White Commercial (WA)

M: 0421 622 777

E: [email protected]

*approximate

^Subject to Council approval

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Brett Wilkins
Brett Wilkins
+61 *** *** *** show +61 478 611 168
Message Message
+61 478 611 168 [email protected] Message
Stephen Harrison
Stephen Harrison
+61 *** *** *** show +61 421 622 777
Message Message
+61 421 622 777 [email protected] Message
Brett Wilkins
Brett Wilkins
+61 *** *** *** show +61 478 611 168
Message Message
+61 478 611 168 [email protected] Message
Stephen Harrison
Stephen Harrison
+61 *** *** *** show +61 421 622 777
Message Message
+61 421 622 777 [email protected] Message

Property Location of 18 & 20 Kearns Crescent, ARDROSS, WA 6153

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Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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18 & 20 Kearns Crescent, ARDROSS, WA 6153 Ardross
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RWC WA
RWC WA
Level 7, 30 The Esplanade, Perth, WA 6000
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Brett Wilkins
Brett Wilkins
+61 *** *** *** show +61 478 611 168
Stephen Harrison
Stephen Harrison
+61 *** *** *** show +61 421 622 777
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