High Profile Corner Development Site With Holding Income
189 Stirling Highway, Nedlands WA
+ Land Area 677sqm
+ Zoned ‘Mixed Use’ with a Residential Design Code of R-AC1
+ High profile corner location
+ Holding income
The property is situated on the corner of Stirling Highway and Loftus Street, approximately 8 kilometres south west of the Perth CBD and 1 kilometre East of Claremont retail and shopping district. The surrounding developments comprise offices and showrooms along Stirling Highway and residential dwellings to the North.
Frontage to Stirling Highway 10.86 metres
Truncation 8.48 metres
Frontage to Loftus Street 37.96 metres
Total Land Area 677sqm
The property comprises four separate character strata titled suites comprising the
Suite 1 98sqm Ground Floor
Suite 2 97sqm Ground Floor
Suite 3 95sqm First Floor
Suite 4 95sqm First Floor
The two ground floor tenancies are leased as commercial suites as dental and beauty therapy. The two first floor tenancies are leased as residential apartments. Please refer Selling Agent for further details.
The property is zoned ‘Mixed Use’ with a Residential Design Code of R-AC1. The property has a Plot Ratio of 3 and a maximum height limit of 9 storeys.
Lots 1, 2, 3 & 4 on Strata Plan 41096 Certificate of Title Volume 2636 Folios 758, 759, 760 & 761.
The property is currently leased to four separate tenants. Refer Selling Agent for further details.
Goods and Services Tax
The Sellers are registered for GST and the property will be sold as a Going Concern.