40 Cheriton Street, Perth, WA 6000

VERSATILE DEVELOPMENT PROPERTY

MULTIPLE DEVELOPMENT OPTIONS

EXCEPTIONAL INNER CITY LOCATION

EXISTING PASSING INCOME

An outstanding, rarely offered opportunity to purchase substantial property in a rapidly growing, tightly held and highly sought after CBD location!

Currently configured and utilised as a leased showroom and warehouse, the property boasts a superb location, being brilliantly positioned in proximity to the Perth CBD, Northbridge, and Mt Lawley, with immediate and easy access to main arterial routes and freeway on ramps.

With a preferred Mixed Use R100 zoning, the property affords attractive multiple options for development, including commercial, mixed use commercial and residential, multi-storey construction, or bespoke, purpose built commercial development.

PROPERTY HIGHLIGHTS

- Rare Inner City green titled development lot

- Preferred and developing inner city location

- 1020m2 of land area

- 20.20 metre frontage to Cheriton Street

- Zoned mixed use R100

- Multiple development options

- Holding Income with potential increase to yield

- Uninterrupted city views location

LOCATION BENEFITS

- Central Inner city location

- Neighbouring Highgate, East Perth, Mt Lawley and Perth CBD

- Walking distance to East Perth Train Station

- Adjoining Norwood Park recreational facility

- Close to childcare facilities and healthcare

- Easy and immediate access to Freeway on ramps

- Minutes to Graham Farmer Freeway

- Close to proposed East Perth Power Station Redevelopment

- Short distance to HBF Park and Loton Park Tennis Club

- Close to all amenities, shopping, and public transport

For further information, contact the exclusive selling agents.