FOR SALE
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40 Cheriton Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 1020m2
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RARE AND OUTSTANDING OPPORTUNITY!

VERSATILE DEVELOPMENT PROPERTY
MULTIPLE DEVELOPMENT OPTIONS
EXCEPTIONAL INNER CITY LOCATION
EXISTING PASSING INCOME
An outstanding, rarely offered opportunity to purchase substantial property in a rapidly growing, tightly held and highly sought after CBD location!
Currently configured and utilised as a leased showroom and warehouse, the property boasts a superb location, being brilliantly positioned in proximity to the Perth CBD, Northbridge, and Mt Lawley, with immediate and easy access to main arterial routes and freeway on ramps.
With a preferred Mixed Use R100 zoning, the property affords attractive multiple options for development, including commercial, mixed use commercial and residential, multi-storey construction, or bespoke, purpose built commercial development.
PROPERTY HIGHLIGHTS
- Rare Inner City green titled development lot
- Preferred and developing inner city location
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Property Details for 40 Cheriton St, Perth

Building Type
Commercial
Floor Size
300m2
Land Size
1020m2

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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,657 properties. Over the last 5 years, Houses in Perth have seen a 33.11% increase in median value, while Units have seen a 45.23% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $1,023,675 while the median value for Units is $548,965.
  • Houses have a median rent of $700 while Units have a median rent of $655.
There are currently 171 properties listed for sale, and 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 823 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Ray Cafini
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Rob Paradiso
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Proproperty Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.