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220 Pier Street, PERTH, WA 6000

Development Potential
DETAILS
Prime Inner City Development Site

Ray White Commercial (WA) and Lease Equity as joint exclusive agents are pleased to offer for sale a significant strategic land holding in Perth's rapidly developing inner City precinct.

The property is a significant development site of 3,490sqm improved with a single level warehouse, benefiting from two street frontages (Pier Street and Nash Street) and adjoining the Work Zone offices.

· Existing functional high truss warehouse of 2,390sqm*.

· Site Area: 3,490sqm*.

· Dual frontage to Pier and Nash Street providing excellent accessibility and flexibility for redevelopment.

· Zoned City Centre - Stirling (Precinct 3). Plot ratio 4:1 with a maxium of 6:1 (STCA)^.

· Adjoins A grade office development (WorkZone), fully leased to a number of government agencies and A grade tenants.

· Located within emerging education, government services and cultural precinct.

· Opportunity to:

- Redevelop under 4:1 Plot ratio plus bonuses, subject to use;

- Lease existing warehouse and derive an income;

- Repurpose existing improvements for an alternate use;

- Owner occupy and landbank for future development.

Expressions of Interest closing Thursday, 19 August 2021 at 5pm (AWST).

For Information or to arrange an inspection, please contact:

Brett Wilkins

Ray White Commercial (WA)

M:0478 611 168

E: [email protected]

Luke Pavlos

Lease Equity

M: 0420 880 880

E: [email protected]

*Approximate

^ Subject to Council Approval

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Expressions of Interest
Property Area
AREA:
3490 m² (*approx)
Property Type
TYPE:
Commercial, Other, Other
Development Potential
DEVELOPMENT APPROVAL:
Commercial development Opportunity (STCA)

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220 Pier Street, PERTH, WA 6000

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