A great investment opportunity has presented itself to own this development site in East Perth.
Located in a sought after area of East Perth where recent developments have also either commenced or nearing completion, it is also nearby to the Royal Street precinct of cafes, shops and bars, within easy reach of the Perth CBD, freeways and public transport and walking to distance to the parks and rivers.
The land falls within the City of Perth and has a plot ratio of 2:1. However, with recent amendments to the local town planning scheme by the City Of Perth, it is proposed that the plot ratio for this land to increase to 3:1.
SPECIAL FEATURES:
- 675SQM SITE WITH 20M FRONTAGE AND REAR ROW
- ELEVATED LOCATION WITH POTENTIAL CITY VIEWS
- CLOSE TO ALL AMENITIES
- EASY ACCESS TO THE CBD
- ZONED RESIDENTIAL
Don't wait, this is a great opportunity to buy a development site in East Perth at an affordable level, and with the increase in density proposed by the City of Perth, will only add value to land in this area.
For information, please contact DEAN NICOLAOU.