A very rare opportunity to secure a prime piece of residential land in a sought-after Hyde Park Precinct location. This property boasts a stunning cityscape view and is surrounded by a vibrant urban neighborhood.
The location of this property is truly impressive, offering endless possibilities for building your dream home. With a price guide of ALL OFFERS BY 26/08/2024, now is the perfect time to make your move and secure this unique piece of real estate.
This vacant 613 sqm development site is set amongst a mix of new quality developments and 1900s character cottages on the border of North Perth, Perth, Northbridge, and with the Perth CBD in the backdrop. The opportunities presented with this landholding include: 1. Develop 3 houses on the 3 survey-strata lots that have been approved and with titles already issued. 2. Potential to develop a set of 4 townhouses (STCA). 3. Potential to develop a small group of low-rise upmarket apartments.
All offers will be presented on or prior to 26/08/24. Act now. Must be and will be sold.
The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.
West Perth has 5,820 properties. Over the last 5 years, Houses in West Perth have seen a 33.35% increase in median value, while Units have seen a 40.62% increase. As at 31 January 2025:
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