- Zoned Mixed-Use R100
- 1220sqm combined site area - 2 titles
- Rear R.O.W Access
The Agency Projects WA are pleased to offer for sale this rare opportunity. 2 adjoining lots totalling a land area of 1,220 square metres (610sqm each) .
Centrally located between Leederville and Mount Hawthorn on Oxford Street, the property offers the astute buyer the opportunity to build a mixed-use development reaching 4 - 5 storeys or higher (6-7 storeys were DA approved recently in Vincent North area) with rear Right of Way access to under croft parking (below Street Level) and gain panoramic views to the city and the surrounding area, along with potential for variation of the scheme provisions to create a unique terrace and townhouse-style development.
The property is being offered with attractive terms :
Location
345 and 347 Oxford Street (The Property) is situated in the locality of Leederville, approximately 2.5 Kilometres northwest of the City of Perth.
More specifically the property is located on the western side of Oxford Street near the
intersection of Britannia Road.
Development surrounding the subject property comprises of mainly single level character homes, group apartment and townhouse developments of various sizes and a sprinkling of commercial and retail property.
Being one of Perth's more established inner city areas the suburb offers fantastic infrastructure with many schools, recreational and shopping facilities being within close
proximity to all residents.
The Property
The property comprises two adjoining Green Title character homes having a total land area of approximately 1220 square metres.
The combined site is generally regular in shape with a combined frontage of approximately 27.0 metres and a depth of approximately 45.3 metres.
In addition to street access, rear access is also available to the site via a sealed Right of Way.
The homes are currently on periodic lease.
Zoning and Height
Under the City of Vincent Town Planning Scheme No 2, the subject property is currently zoned Mixed Use R100.
Development up to 4 storeys permitted under the City of Vincent Planning Policy, with potential to go higher -- on Oxford St, a 5 storeys apartment was DA approved in 2016, and a 7 storeys apartment was DA approved in 2023.
The property shall be offered for sale with flexible possession and preference will be given to offers for the whole consolidated parcel in one line. Single lot offers will also be considered.
For further details please contact
Eli Zhang
0420 619 118
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.