An exceptional development site in one of South Perth’s most tightly held riverside precincts, 4–8 Charles Street presents a rare opportunity to secure a DA-approved landmark project with genuine upside.
The site is being offered for sale with feasibility studies that strongly support the approved vision, giving purchasers a compelling combination of planning certainty, scale and long-term value.
DA Approved, the site is set to accommodate an ambitious hybrid residential tower that will redefine the South Perth skyline. With its striking architectural presence, premium apartment offering and strong sustainability credentials, the project has been positioned as one of the most significant residential opportunities in Perth. Once complete, the tower is expected to rival the Atlassian Tower in Sydney for stature and presence, reinforcing South Perth’s place in Australia’s next generation of landmark high-rise projects.
The site is currently generating holding income from a carefully selected tenant base, providing a reliable interim income stream while the approved development prepares for commencement. The tenancies support a reliable income stream, with quality occupiers contributing to the site’s near-term holding position. The annual PA cash return is approximately $200,554, based on net rent income of $16,712.80 per month.
For buyers seeking flexibility, the DA conditions also allows for a more traditional build option, broadening the site’s appeal and providing an additional pathway to delivery. The real value of 4–8 Charles Street lies in the DA-approved C6 project. Feasibility studies demonstrsagte the scheme stacks up strongly and, importantly, the approval also allows for a more traditional residential build if a purchaser prefers a lower-risk delivery path.
Whether pursued as the headline hybrid tower or adapted into a more conventional residential outcome, the site offers exceptional strategic depth in a premier location close to the river, the CBD and established lifestyle amenity.
This is a rare chance to secure a site with scale, approval and market momentum already in place. For developers and investors looking for a premium infill opportunity with clear credibility, 4–8 Charles Street stands out as a truly blue-chip proposition.
Key features:
- DA-approved development site for sale.
- Feasibility studies supporting the approved scheme.
- Proposed landmark hybrid residential tower.
- Alternative traditional build also permissible under approval.
- Prime South Perth riverside location.
- Close to the CBD, transport and lifestyle amenity.
- Exceptional long-term development potential.
- Full documentation available for due diligence.
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