River Precinct Development Opportunity
- Land area 2,018sqm
- Development Approval for 18 apartments
- Premium location within walking distance to river and shops
- Zoned 'Residential R80'
Introduction
Burgess Rawson are pleased to offer for sale by 'Offers Invited' this superbly located development site situated in Eric Street, Como. The 2,018sqm site offers residential development potential with current Development Approval for 18 apartments.
Location
The site is situated between Labouchere Road and Melville Parade in Como, directly behind the Cygnet Theatre. Within easy walking distance are cafes, restaurants, a supermarket and specialty shops, parks and the Swan River.
Land Details
The site has an approximate frontage to Eric Street of 32.18 metres and a depth of 62.72 metres. The combined site has a total approximate land area of 2,018sqm.
Zoning
The City of South Perth advise that the properties are zoned 'Residential R80' under their current Town Planning Scheme. The current zoning allows for a plot ratio of 1 and a maximum height limit of 10.5 metres.
Development Approval
The City of South Perth granted (subject to conditions) Development Approval on 28 February 2012 for a 3 storey, 18 unit residential development. The units comprise fourteen 2 bedroom and four 1 bedroom apartments. Please refer selling agent for further details.
Legal Description
Lots 410 & 411 on Deposited Plan 34575 Certificate of Title Volume 1941 Folios 405 & 406.
Closing Date
Wednesday, 9 October 2013 at 2.00pm (WST).
Sale Conditions
The properties are offered for sale together by 'Offers Invited' closing 2.00pm (WST) Wednesday, 9 October 2013. Offer documentation is available from the selling agents. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.
Goods and Services Tax
The sellers are registered for GST and the buyers will be required to pay the sellers GST liability at settlement.
For further details
Rob Selid
Burgess Rawson
0412 198 294
rselid@burgessrawson.com.au
Bryan Cousins
Allied Property Consultants
0419 950 054
bc@alliedprop.com.au
Lot/Plan No: P034575 410
Lot/Plan No: P034575 410