Perth City Building freehold – Development opportunity

4 days ago

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Summary

Expression of Interest Sought

Location Details

1292 Hay Street, West Perth WA 6005

About the Business

Central location- Hay St East – North Facing
“Renovate or Detonate” Concept Drawings Available for site
Generous plot-ratio 5 to 1 with further bonus + 40% to 7 to 1 – with no Parking requirements
17 Floors permitted – no height limit – Land area 534 sqm
Vacant Possession except for 4 retail shops leased out providing holding income.
Would ideally suit short stay accommodation , student accommodation , self service apartment hotel.
or residential City Apartments
Walking distance to CBD, Universities, Royal Perth Hospital, Elizabeth Quay
Priced reasonably to sell
Expression of Interest (E.O.I) – invited- closing 15th October 2024

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