Name: 68 & 70 Monash Avenue, Nedlands, WA, 6009
Address: 68 & 70 Monash Avenue , WA, Nedlands, WA, 6009
Telephone: +61 409 181 727

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Under Contract

68 & 70 Monash Avenue, Nedlands, WA, 6009

Properties / Buy / Western Australia / Nedlands

Development Potential

1. Property Summary

Property Type

Residential, Commercial, Child/Healthcare

Land Area

982 sqm (*approx)

Zoning

NRZ NRZ3

Local Government

Boroondara (C)

Selling Method

EOI: Contact Agent

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2. Property Highlights

COMMERCIAL PERMITTED ONLY ON GROUND FLOOR (INCLUDES MEDICAL), RESIDENTIAL ABOVE

Property Highlights:

Nedlands - Development Opportunity with holding income

COMMERCIAL PERMITTED ONLY ON GROUND FLOOR (INCLUDES MEDICAL), RESIDENTIAL ABOVE

Key attributes:

• Both sites to be sold as one parcel

• 982 sqm (2 Titles)

• This land parcel comprises 2 contiguous titles with a RAC-3 zoning that provides mixed use outcomes.

• The sought-after Nedlands address and zoning provides for a potential development within the Nedlands Hospital precinct.

• Total leased holding income of $52,000 per anum (periodic / month by month lease across bothtitles)

• Council rates 68 Monash ($2,064.05 21/22), 70 Monash ($3,882.02 21/22)

• Water rates 68 Monash ($1,304.73 21/22), 70 Monash ($1,345.50 21/22)

Zoning:

• Zoned Centre (R-AC3)

• Mixed Use

• Plot Ratio 2.0

• Potential 6 storeys under compliant scheme Parking:

• Parking Requirements for Commercial Development:

- Commercial – minimum 12 bays/block

- Apartments – 1 x 1allocated 1 bay

2 x1 allocated 1.25 bays / unit

3 x 1 allocated 1.25 bays / unit

4 x 1 allocated 1.25 bays / unit

1 Visitor bay for every 4 apartments

*SUBJECT TO BUYER’S OWN DUE DILIGENCE AND WAPC APPROVALS

Please contact Gordon Davies to inspect or discuss

Gordon Davies Real Estate

M: 0409 181 727 E:

gordon@gdre.com.au

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Residential, Commercial, Child/Healthcare

Land Area

982 sqm (*approx)

Zoning

Sourced by DistrictData

NRZ NRZ3

Local Government

Sourced by DistrictData

Boroondara (C)

Selling method

EOI: Contact Agent

2. Property Highlights

COMMERCIAL PERMITTED ONLY ON GROUND FLOOR (INCLUDES MEDICAL), RESIDENTIAL ABOVE

Property Highlights:

Nedlands - Development Opportunity with holding income

COMMERCIAL PERMITTED ONLY ON GROUND FLOOR (INCLUDES MEDICAL), RESIDENTIAL ABOVE

Key attributes:

• Both sites to be sold as one parcel

• 982 sqm (2 Titles)

• This land parcel comprises 2 contiguous titles with a RAC-3 zoning that provides mixed use outcomes.

• The sought-after Nedlands address and zoning provides for a potential development within the Nedlands Hospital precinct.

• Total leased holding income of $52,000 per anum (periodic / month by month lease across bothtitles)

• Council rates 68 Monash ($2,064.05 21/22), 70 Monash ($3,882.02 21/22)

• Water rates 68 Monash ($1,304.73 21/22), 70 Monash ($1,345.50 21/22)

Zoning:

• Zoned Centre (R-AC3)

• Mixed Use

• Plot Ratio 2.0

• Potential 6 storeys under compliant scheme Parking:

• Parking Requirements for Commercial Development:

- Commercial – minimum 12 bays/block

- Apartments – 1 x 1allocated 1 bay

2 x1 allocated 1.25 bays / unit

3 x 1 allocated 1.25 bays / unit

4 x 1 allocated 1.25 bays / unit

1 Visitor bay for every 4 apartments

*SUBJECT TO BUYER’S OWN DUE DILIGENCE AND WAPC APPROVALS

Please contact Gordon Davies to inspect or discuss

Gordon Davies Real Estate

M: 0409 181 727 E:

gordon@gdre.com.au

Remember to mention you found this property on DevelopmentReady

68 & 70 Monash Avenue, Nedlands, WA, 6009 Nedlands

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Gordon Davies Real Estate - DALKEITH

3-4/79 Waratah Avenue, DALKEITH, WA 6009

Gordon Davies

+61 *** *** *** show +61 409 181 727

Australia's Home for Property Development

Residential

Commercial

Child/Healthcare

Industrial

Agriculture/Rural

Mixed Use

68 & 70 Monash Avenue, Nedlands, WA, 6009