SOLD
RECENT ADVICE
Sold on 04 Jul 2024 for $15,500,000

2 Upham Street
Subiaco WA 6008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9784m2
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Property Details for 2 Upham St, Subiaco

Building Type
Land
Land Size
9784m2
Local Government
Subiaco
Lot/Plan
13/P064731

Last Listing description (July 2024)

+ Significant 9,784sqm Development Site+ Zoned 'Mixed Use'+ R Code - 'R-AC3'+ Multitude of Development Options + One of the last 'big' sites in Subiaco+ Massive 100 metre frontage overlooking POS Burgess Rawson are pleased to present to the market an outstanding opportunity to acquire a rarely available 9,784sqm substantial development site. The site is located within the highly sought and tightly held locality of Subiaco. The site is one of the last 'big' sites in Subiaco possessing a 104.82 metre frontage to Upham street with a large variety of development options. The site is level and its size and scale present a rare offering in such a tightly held locality such as Subiaco. The site enjoys outstanding access to key amenities. Core Features; + 9,784sqm level development site+ Substantial parcel of land+ Zoned 'Mixed Use R-AC3'+ Multitude of possible development outcomes+ Rare size in highly sought, tightly held precinct+ Clean parcel of land ready to be developed+ Within close proximity to key core amenity Zoning & Planning The site is zoned 'Mixed Use' with an R Code of R-AC3 according to the City of Subiaco Local Planning Scheme No. 5. The zoning affords buyers a large array of development opportunities with the ability to develop multi storey subject to relevant approvals. A development shall not exceed a maximum plot ratio of 2.0 except where the development is generally consistent with the built form provisions of an applicable Local Development Plan. In this instance, the maximum plot ratio shall not exceed 3.0. Location Located in highly sought Subiaco, rarely does a site of this substantial size and scope come to market. The property resides within Salvado Road and Hay Street, Subiaco with fantastic access to key thoroughfares; Cambridge Street, Thomas Street, North and South Freeway entries and exits and Graham Farmer Freeway.The site also enjoys outstanding access to schools, shops and public transport. The site is: + 1.2km* from St John of God Subiaco Hospital+ 4.4km* to Perth CBD+ 5.9km* from City Beach & WA Coastline+ 600 metres from IGA Wembley Cambridge Street+ 2.2km* from Bob Hawke College+ 1.4km* from Subiaco train station Site DetailsFrontage to Upham Street - 104.82 metresFrontage to Bishop Street - 75.56 metresFrontage to Greenwood Lane- 85.57 metresDepth of site - 114.91 metres Land Area - 9,784sqm Legal Description Lot 13 on Deposited Plan 64731 Certificate of Title Volume 2733 Folio 903 Sale Process The property is offered for sale by 'Offers Invited' closing at 2pm on the 13th of March 2024. Offer documentation is available from the selling agents. Offers are to be lodged with the selling agents before the closing time. An Information Memorandum is available upon request. To obtain an IM or for any further information please contact the exclusive selling agents Luke Randazzo on 0417 181 309 and Rob Selid 0412 198 294. *approx

Property History for 2 Upham St, Subiaco, WA 6008

A timeline of how this property has performed in the market
Last Sold
$15,500,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $15,500,000
  • 27 Mar 2024
    Sold for $17,050,000
  • 07 Feb 2024
    Listed for Sale Price on Application

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About Subiaco 6008

The size of Subiaco is approximately 3.1 square kilometres. It has 12 parks covering nearly 5% of total area. The population of Subiaco in 2011 was 8,015 people. By 2016 the population was 9,188 showing a population growth of 14.6% in the area during that time. The predominant age group in Subiaco is 30-39 years. Households in Subiaco are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Subiaco work in a professional occupation. In 2011, 50.9% of the homes in Subiaco were owner-occupied compared with 52.4% in 2016.

Subiaco has 7,084 properties.

    There are currently 36 properties listed for sale, and 36 properties listed for rent in Subiaco on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in Subiaco.

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    Burgess Rawson
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