Eight Sleat Road and One Helm Street are offered for sale by Salt Property Group. This world class landholding can be amalgamated to create a total of 3,565sqm. Suitable for a mixed use building this site can achieve 15 storeys plus under the Canning Bridge Structure Plan.
The site is positioned within the Ogilvie Quarter of the Structure Plan and has the same zoning as Cirque, Sabina and The Precinct (stage 2) that are all now under construction. A concept plan has been prepared by one of Perth's most reputable architects and is available to view upon request. The modest concept plan incorporates both commercial and residential creating a world class residence consisting of 175 apartments.
Positioned on the fringe of the Structure Plan's Mixed Use M15 Zoning will ensure the building has incredible Southern and Western views throughout its life. Possibly the most exciting place to invest in Perth, Canning Bridge boasts community facilities, nightlife, shopping/retail and all nodes of transport including water, rail and road.
Looking beyond the development potential of the site, this opportunity proposes a great land banking opportunity with a total of 14 dwellings across both parcels. Each townhouse/villa has three bedrooms and are all very lease-able (if not already). An analysis on the holding cost of this site has been prepared and available upon request.
Salt Property Group are proud to present this opportunity to the market and look forward to discussing the potential future of this property with you. Make contact with our selling agents for a copy of the concept plans and information memorandum to assist with your due diligence.