Knight Frank is pleased to present 51-53 Redmond Street, Salter Point. A rare and significant riverside landholding positioned directly on the northern bank of the Canning River.
Comprising a substantial 20,438 sqm* freehold site with approximately 195m* of river frontage, the property represents a rare opportunity to secure a landmark landholding within the tightly held riverside enclave of Salter Point.
Located approximately 9km* south of the Perth CBD, the site benefits from excellent access to lifestyle and recreational amenity, convenient connectivity to the Perth CBD, Fremantle, Perth Airport and the broader metropolitan area, as well as proximity to major transport routes including Manning Road, Kwinana Freeway and Canning Highway.
The site reflects its former institutional use and is now offered to the market for its next chapter, presenting a clear opportunity for redevelopment. Zoned “Private Community Purposes”, the property offers purchasers the opportunity to explore a range of future use and redevelopment outcomes, including community, health, aged care, retirement living, education and residential-led uses, subject to relevant approvals.
Preliminary town planning and environmental due diligence has been undertaken to assist purchasers in assessing the site’s potential, with future rezoning, development applications, subdivision approvals and other statutory approvals expected to be progressed by the ultimate purchaser.
The property is improved with residential accommodation, administration and ancillary buildings which present in good condition and may be retained, repurposed or utilised depending on a purchaser’s intended outcome.
Investment Highlights
- Substantial 20,438 sqm* freehold landholding
- Rare Canning River foreshore position in prestigious Salter Point.
- Zoned ‘Private Community Purposes’ zoning under City of South Perth Local Planning Scheme No. 7
- Multiple potential development and repositioning outcomes identified through preliminary planning investigations (subject to approvals)
- Existing improvements presenting in good and usable condition
- Located within a tightly held residential catchment with strong long-term underlying land value
A 100% freehold interest in 51-53 Redmond Street, Salter Point is being offered for sale via ‘Offers to Purchase’ closing Wednesday 22nd July by 3:00pm (AWST).
For further information or to arrange an inspection, please contact the exclusive selling agents.
*Approx.
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