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220 Pier Street, PERTH, WA 6000
Perth Cbd
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
Luke Pavlos
Lease Equity
M: 0420 880 880
*Approximate
^ Subject to Council Approval
Remember to mention you found this property on DevelopmentReady
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
Luke Pavlos
Lease Equity
M: 0420 880 880
*Approximate
^ Subject to Council Approval
Remember to mention you found this property on DevelopmentReady
220 Pier Street, PERTH, WA 6000
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
