Name: 176 - 178 Swansea Street, East Victoria Park, WA 6101
Address: 176 - 178 Swansea Street , WA, East Victoria Park, WA, 6101
Telephone: +61 421 622 777

+11 Photos

SOLD

176 - 178 Swansea Street, East Victoria Park, WA 6101

Properties / Sold / Western Australia / East Victoria Park

Development Potential

1. Property Summary

Property Type

Commercial, Industrial

Sub Type

Retail/Shopping Centre

Land Area

9,454 m² (*approx)

Selling Method

EOI: UNDER OFFER

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2. Property Highlights

Unlock the potential: Substantial development site with holding income

Inner City Development Site
Holding income from short term leases
Minutes from Metronet Train Station

RWC WA proudly presents a golden opportunity to secure a rare development site, offering a multitude of potential development options, just 6km* from Perth CBD.

This exceptional property comprises two adjoining lots boasting a total land area of 9,454sqm. With a combined frontage of 94.93sqm* to Swansea Street East and 83.99sqm* to Milford Street and a rectangular shape featuring a sloping topography from west to east, this prime site offers an array of development opportunities.

Additionally, the property benefits from an attractive holding income from multiple tenants on short term leases.

Property features include:

• Area 9,454sqm

• Holding Income $343,911*

• Dual street frontages

• 500m* from the METRONET Oats Street Train Station

• Current re-zoning underway to expand development options

• Potential uses include - medical, residential, retail and childcare

Expressions of Interest closing Fri 28 June 2024 at 4pm (AWST)

For further information or to arrange an inspection please contact:

Brett Wilkins

RWC WA

M: 0478 611 168

E: brett.wilkins@raywhite.com

Stephen Harrison

RWC WA

M: 0421 622 777

E: stephen.harrison@raywhite.com

Michael Milne

RWC WA

M: 0403 466 603

E: michael.milne@raywhite.com

*Approximate

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Commercial, Industrial

Sub-type

Retail/Shopping Centre

Land Area

9,454 m² (*approx)

Selling method

EOI: UNDER OFFER

2. Property Highlights

Unlock the potential: Substantial development site with holding income

Inner City Development Site
Holding income from short term leases
Minutes from Metronet Train Station

RWC WA proudly presents a golden opportunity to secure a rare development site, offering a multitude of potential development options, just 6km* from Perth CBD.

Additionally, the property benefits from an attractive holding income from multiple tenants on short term leases.

Property features include:

• Area 9,454sqm

• Holding Income $343,911*

• Dual street frontages

• 500m* from the METRONET Oats Street Train Station

• Current re-zoning underway to expand development options

• Potential uses include - medical, residential, retail and childcare

Expressions of Interest closing Fri 28 June 2024 at 4pm (AWST)

For further information or to arrange an inspection please contact:

Brett Wilkins

RWC WA