Prime Cottesloe Development Opportunity
533 Stirling Highway, COTTESLOE WA
+ Land area 744sqm
+ Proposed to be zoned ‘Town Centre Zone’ R100
+ High profile corner location
+ Rarely available
+ Adjoins 50 bay public car park
The property is situated on the corner of Stirling Highway and Station Street in the Cottesloe retail/business precinct. Surrounding developments include retail shops, offices, cafes and restaurants and 250 metres to Cottesloe Train Station.
Frontage to Stirling Highway 38.78 metres
Rear Boundary 32.35 metres
Frontage to Station Street 12.41 metres
Total Land Area 744sqm
Lot 1 on Plan 2758 Certificate of Title Volume 1551 Folio 700.
The property is proposed to be zoned ‘Town Centre Zone’ with a density code of R100 under Scheme Amendment No. 8 to the Town of Cottesloe Local Planning Scheme No. 3 which is currently under consideration by the WAPC. Refer Selling Agent for further details.
The Sellers Environmental Consultant is completing a Site Remediation and Validation
Report on the site that will be submitted to DWER for Site Classification. Refer Selling Agent
for further details.
Sale Conditions and Closing Date
The property is offered for sale ‘Offers Invited’ closing 2pm (WST) Wednesday, 18 March 2020. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 10, 225 St Georges Terrace,Perth before the closing time.
Goods and Services Tax
The Sellers are registered for GST and the buyer will be required to pay GST on the purchase price at Settlement.
The property is offered with vacant possession.