RWC (WA) is pleased to present 8 Padbury Terrace, Midland for sale via expression of interest. The property will be sold with vacant possession allowing for repositioning of current improvements and/or redevelopment of part or the whole site making the most of the MRA planning guidelines.
The unencumbered 1,261sqm* Green Title lot would be ideal for a range of development opportunities with flexible zoning controlled by the MRA for both high-density and commercial use.
PROPERTY FEATURES AND HIGHLIGHTS
• 1920s-character home positioned to the front of the lot - Full refurbishment required if retained
• Regular shape allotment with 20m* frontage to Padbury Terrace
• Predominantly flat and ready to develop
DEVELOPMENT AND PLANNING
• Planning Authority: Development WA
• Precinct: Victoria Street
• Sub Precinct: Cale Street East
• 9-12 Story height potential (39m) however setbacks of 10m above podium level restrict development to a maximum of 3 to 4 storeys on this site
• Permitted uses include (STCA) Office, Consulting Rooms, Business Services, Medical Centre, Residential, Child Care Premises and Club Premises
LOCATION
8 Padbury Terrace is centrally located within the established, regional centre suburb of Midland. The property is a short walk to a high level of amenities including Midland Station, Centrepoint Midland Shopping Centre and Midland Gate Shopping Centre. being tenanted by Woolworths, Coles, Big W, Kmart among many other essential businesses such as post offices, banks and bottle shops. The property is also in proximity to a major employment hub, most notable being; Landgate, St John of God Midland Public and Private Hospitals and the large shopping centres.
For further information or to arrange an inspection, please contact the Agents:
Tom Jones
RWC (WA)
Mobile: 0478 771 117
Email: tom.jones@raywhite.com
Stephen Harrison
RWC (WA)
Mobile: 0421 622 777
Email: stephen.harrison@raywhite.com
*Approximately
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