5/44 Mill Point Road

South Perth WA 6151

As the exclusive selling agent, Jones Realty & Projects and Steve Jones are excited to present this 5 star located development site for sale. This potential development site is located in one of the most sort after locations of South Perth, at the northern end of the prestigious Mill Point Road.The current apartment complex on the site consists of 18 x one bedroom apartments, generating an estimate of over $400k in annual rental return. The total site area is 2191m2 and the site is zoned for a potential 17 story apartment development.The site presents an opportunity for developers to acquire one of the most premier sites in South Perth. This high density infill site is magnificently positioned to provide a high rise apartment development with 360-degree panoramic views of the Swan River and Perth City from level 5 of any potential development. The location provides a short stroll to the South Perth foreshore and the shopping precinct in Mend St.This extremely rare opportunity is an offer for sale via an Expression of Interest. For further information please contact Steve Jones at Jones Realty & Projects.Disclaimer: The above information is provided for general information purposes only and is based on information provided by the seller and local council and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and make their own independent enquiries.