FOR SALE
Offers from $1,395,000

994 Albany Highway
East Victoria Park WA 6101

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 685m2
Land area: 685m2
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Attention - Investors and Developers!!!

PRIME Location Development Site! RARE FIND!
Town of Victoria Park P11 Development Scheme
R 80 - 8 UNIT SITE with 30 % ratio commercial ground floor (S.T.C.A.)
Zoned Commercial / Residential
A very unique opportunity to acquire a SOUGHT AFTER piece of development land in a prime location!
Set amongst the action and activity of the Albany Highway, East Victoria Park Café and Business strip location and perfectly placed opposite the beautiful Edward Millen Reserve Park. Also a short walk to the Aquatic Centre and the Oats Street Train Station.
Currently the property provides 2 residences and has added access with rear R.O.W. This level high exposure site of 685 sqm is zoned R80 building code, featuring a mixed zoning of Residential and Commercial development with capacity to build up to 8 apartments (S.T.C.A.) on a 3 level development involving commercial tenancy on the ground floor of approximately 30% of total build area based on a 1.1 plot ratio of total development area.
Residence 1 - A solid front character "Californian Bungalow' home with original bathroom and kitchen.
Residence 2 - Compact 4 bed room home with rear lane way access. This is currently a full residential home.
These residences have various current uses such as -
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Property Details for 994 Albany Hwy, East Victoria Park

Building Type
Commercial
Floor Size
685m2
Land Size
685m2

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About East Victoria Park 6101

The size of East Victoria Park is approximately 3.9 square kilometres. It has 19 parks covering nearly 8.1% of total area. The population of East Victoria Park in 2011 was 9,031 people. By 2016 the population was 10,076 showing a population growth of 11.6% in the area during that time. The predominant age group in East Victoria Park is 20-29 years. Households in East Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Victoria Park work in a professional occupation. In 2011, 53.9% of the homes in East Victoria Park were owner-occupied compared with 55.4% in 2016.

East Victoria Park has 5,923 properties.

    There are currently 29 properties listed for sale, and 10 properties listed for rent in East victoria park on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in East victoria park.

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    Albert Fontana
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    NAI Harcourts Metro
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