Residential: Apartment Sites
10 TOWNHOUSES ON A 15+ STOREY DEVELOPMENT SITE
This sale proposes an incredible land banking opportunity with 10 freestanding townhouses on a Mount Pleasant development site. Each townhouse/villa has three bedrooms and are all very lease-able (if not already). Possibly the most exciting place to invest in Perth, Canning Bridge boasts community facilities, nightlife, shopping/retail and all nodes of transport including water, rail and road.
This world class landholding sits on a total of 1,993sqm. Suitable for a mixed use building this site can achieve 15 storeys or more under the Canning Bridge Structure Plan. The site is positioned within the Ogilvie Quarter of the Structure Plan and has the same zoning as Cirque, Sabina and The Precinct that are all now completed and selling. Concept plans have been prepared by a local architect that demonstrate the ability to build a premium mixed use building that will have beautiful vistas from upper levels. Positioned on the fringe of the Structure Plan's Mixed Use M15 Zoning will ensure the building has incredible Southern and Western views to keep.
8 Sleat Road is adjacent to 1 Helm Street, a 1,571sqm site with 4 villas which is also being offered for sale by Salt Property Group. Amalgamating the two sites would create a landholding worthy of an iconic building to rival any tower in Canning Bridge - more information available upon request.
Salt Property Group are proud to present these properties for sale and look forward to showcasing the exciting potential of this opportunity. An analysis on the holding income/cost of this site has been prepared and available upon request. Make contact with our selling agents for a copy of the information memorandum to assist with your due diligence.
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