Name: 220 Pier Street, PERTH, WA 6000
Address: 220 Pier Street, PERTH, WA, Perth Cbd, WA, 6000
Telephone: +61 478 611 168

+9 Photos

SOLD

220 Pier Street, PERTH, WA 6000

Properties / Sold / Western Australia / Perth Cbd

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

3,490 m² (*approx)

Selling Method

EOI: Expressions of Interest

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2. Property Highlights

Prime Inner City Development Site

Ray White Commercial (WA) and Lease Equity as joint exclusive agents are pleased to offer for sale a significant strategic land holding in Perth's rapidly developing inner City precinct.

The property is a significant development site of 3,490sqm improved with a single level warehouse, benefiting from two street frontages (Pier Street and Nash Street) and adjoining the Work Zone offices.

· Existing functional high truss warehouse of 2,390sqm*.

· Site Area: 3,490sqm*.

· Dual frontage to Pier and Nash Street providing excellent accessibility and flexibility for redevelopment.

· Zoned City Centre - Stirling (Precinct 3). Plot ratio 4:1 with a maxium of 6:1 (STCA)^.

· Adjoins A grade office development (WorkZone), fully leased to a number of government agencies and A grade tenants.

· Located within emerging education, government services and cultural precinct.

· Opportunity to:

- Redevelop under 4:1 Plot ratio plus bonuses, subject to use;

- Lease existing warehouse and derive an income;

- Repurpose existing improvements for an alternate use;

- Owner occupy and landbank for future development.

Expressions of Interest closing Thursday, 19 August 2021 at 5pm (AWST).

For Information or to arrange an inspection, please contact:

Brett Wilkins

Ray White Commercial (WA)

M:0478 611 168

E: brett.wilkins@raywhite.com

Luke Pavlos

Lease Equity

M: 0420 880 880

E: lukep@lease-equity.com.au

*Approximate

^ Subject to Council Approval

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