CBRE’s Ben Younger, Aaron Desange and Kate Foley, together with Alterga’s Lachlan Ottley, have been appointed steer the marketing campaign for the 53-63 Burswood Road property, which comprises a 11,249sqm landholding centrally located near the junction of Canning Highway, Great Eastern Highway, Shepperton Road and Albany Highway. 

The property is currently home to an 8,028sqm campus style office complex, occupied by tenants including Laing O’Rourke, Liberty Executive Offices, Snap Printing, Acciona Geotech Holdings, Rent.com and NGIS Australia. 

With potential to redevelop up to 18 levels, the property represents an attractive opportunity to capitalise on the ongoing transformation of Burswood.  

“The Burswood peninsula precinct is positioned to become a vibrant and bustling residential precinct in the years ahead, boasting key attractions such as proximity to the CBD, transport links, the Swan River, Crown Perth and the thriving Victoria Park eating strip,” Mr Younger said. 

“With an expected population growth of 430% by 2036, Burswood is one of Perth’s fastest growing residential hubs.  This property has the potential to play a big part in the growth story of Burswood, providing accommodation and commercial business for the area’s expected 17,000 population.” 

The site area allows for commercial development with substantial floor plates of more than 7,000sqm – suitable for a range of outcomes such as apartments, hotel, aged care, retail, office or childcare. 

Current zoning guidelines present versatility to undertake a staged development – maximising use and the current income derived from the existing buildings. 

Altegra’s Mr Ottley said the property’s position nearby key tourism attractions would underpin interest in the asset. 

“This property is situated in the heart of one of Perth’s most visited precincts, surrounded by Crown Perth, KU DE TA and the new Perth Stadium – making it well positioned to take advantage of the growing profile of these attractions as well as the overall growth of Burswood,” Mr Ottley said. 

“It is hard to imagine a more prominent and key development site currently available that offers as much of a potential impact insofar as a gateway statement to the Perth CBD is concerned.  It is a sizeable parcel with excellent development scope positioned in a tranquil parkland setting with magnificent vistas across the Swan River to the city. Truly a unique and appealing offering that we are fortunate and very excited to be involved with.”

The property is being offered for sale via Expressions of Interest closing Thursday 19th July at 2pm AWST. 

To discuss the sale in further detail phone or email Ben Younger or Aaron Desange via the below contact details.

See also:

Perth hotel and residential development site for sale

Perth's Sebel Aire Apartment Hotel opening next month

Perth's new $3.8bn Belmont Park redevelopment underway