Residential: Apartment Sites
Development Opportunity – Vacant Land in Nedlands
LJ Hooker Commercial Perth as Exclusive Selling Agents are pleased to present for sale by Offers Invited, 75 Stirling Highway, Nedlands.
The Western Australian Planning Commission has endorsed and the City of Nedlands Town Planning Scheme #3 (TPS) has been Gazetted to allow the astute developer an exciting opportunity to capitalise on the new Town Centre of Nedlands.
75 Stirling Highway offers a 3:1 plot ratio with a height limit of 9 storeys. (For your consideration we can provide a Town Planning Report prepared by TBB on request).
This property benefits from the local amenity that is uniquely available to Nedlands. Opposite the iconic Captain Stirling Hotel and BWS bottle shop, adjacent to the future Aldi Supermarket which will be the first in the Western Suburbs, medical centre, Australia Post, Veterinary clinic and for your entertainment needs, the Windsor Cinemas.
Whilst infill development has occurred in the Western Suburbs over the last few years at Claremont Oval, the former City of Subiaco Nursery and now at the former Shenton Park Hospital, none of those development offer the convenience of this array of local amenity.
• Land area - 1,107sqm*
• Plot Ratio - 3:1
• Height - Up to 9 storeys
• Zoning - Mixed Use under TPS3
Based on the above features and under the new TPS, the anticipated apartment yield is a conservative 40 apartments plus ground floor commercial.
For further information please contact the exclusive selling agents Vincent Siciliano and Brian Neo.
Remember to mention you found this property on DevelopmentReady.com.au