Perth CBD cultural precinct development site for sale under instructions from the Mortgagee
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Perth CBD cultural precinct development site for sale under instructions from the Mortgagee
Under instructions from the Mortgagee a Northbridge development site for sale with approval for a 12 storey, 42 room Hotel plus 4 commercial tenancies. For sale by Stephen Harrison and Brett Wilkins of Ray White Commercial (WA).
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Ray White Commercial (WA)
A clear and level development site in the heart of the Northbridge cultural precinct has come to market through Stephen Harrison and Brett Wilkins of Ray White Commercial (WA).
Source: Ray White Commercial (WA)
Overlooking Russell Square, the home of the Fringe Festival, the site comprises 548sqm (approx.) of land and features 2 street frontages to Parker Street and Mountain Terrace. The plot ratio is 4.8:1.
The site holds a current Development Approval for a 12 storey, mixed use development project consisting of 42 supersized hotel rooms and 4 commercial tenancies.
The design provides for a studio, one bedroom, and two and three bedroom layouts.
At the north boundary of the property, the beautiful heritage listed Old Tower house provides the northern side of the property a nice overlook of the heritage building and as that site can't be developed to its full potential, the development will retain those northern views.
Source: Ray White Commercial (WA)
From its central location within Perth’s CBD, the site is close to James Street, Northbridge Piazza, Perth Arena, and William Street, and around 550m from The Art Gallery of WA and Perth Museum and Yagan Square. Also nearby are Perth Train Station and the new, world class, Perth Campus of Edith Cowan University, which has been designed to bring in more than 9,000 students and staff to the Perth CBD by 2025.
Source: Ray White Commercial (WA)
The Expressions of Interest campaign closes at 4:30pm on Tuesday 31 August 2021 (AWST).
To request a copy of the Information Memorandum please email either of the Ray White Commercial (WA) marketing agents Stephen Harrison or Brett Wilkins via the contact form below.
To view the listing or for more information click here.
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