540-544 Newcastle Street, West Perth WA

Key Information
Address

540-544 Newcastle Street, West Perth WA

Price

Offers from $1.3m per lot

Type

Land/Development / commercial

Land Area

1038 sqm

Build Area

450 sqm

Download Brochure

AGENT INFORMATION

Agora Team
Jonathan Kilborn
Director
08 9386 9981
0404 796 137
Agora Team
Con Passaris
Director
9386 9981
0412 004 374

Property Description

Commercial/ Resi. Mix Use Development Site
Existing Plans for a 9 level development (STCA)
2 Existing Dwellings with Holding Income

This property comprises of the following which can be purchased as 1 lot or seperatley:

• 519 sqm per lot
• 1038 sqm of land over 2 lots
• 544 Newcastle Street comprises of 160 sqm Character office, 5 car bays and 34 sqm balcony
• 540-542 Newcastle Street is 2 separate 2x1 residential dwellings totalling 240 sqm
• Zoned mixed use R160, Commercial/ Residential within the activity corridor with built form requirement under the City of Vincent (Town Planning Scheme No. 2)
• Plans for a 9 level development including 6 levels + 2 additional penthouse's and a basement (STCA) plans available on request
• 2 existing residential & commercial dwellings totalling 450 sqm approx.
• Rear lane access
• 25 sqm frontage to Newcastle Street
• Potential holding income of $35,000 pa net + GST per side or $70,000 pa + GST for both

Information Memorandum available on request, please call Jonathan or Con for a copy or to arrange an inspection .

For more information or to arrange an inspection, please contact us today.

Property Location