Tilt Commercial are delighted to present to the market For Sale 14-18 Harold St and 19-21 Cleveland St, Dianella.
The sites are currently occupied by four leased warehouses encompassing a total building area 2,841m2 generating net income of $192,274.
The properties provide a rare major Urban Infill opportunity with a combined area of 6,068m2. Approximately 94m street frontage to Harold St and 47m street frontage to Cleveland St.
Located in the Walter Road West Neighbourhood Centre the property is currently zoned RAC-0 allowing for high density residential and complimentary commercial uses. There is a current proposal with the City of Stirling to rezone the site to Mixed Use R60.
The property is a significant core land holding and presents an opportunity to lead the transformation of the former Dianella Light Industrial Area into a vibrant, residential and commercial hotspot, 6km from the Perth CBD.
The central location provides close proximity to Restaurants, Bars and Entertainment as well as Schools, Daycare and employment opportunities. The site has access to everything an apartment development needs.
This site is perfectly primed to capitalise on the growing Build to Rent apartment market and may also suit other uses such as NDIS and Aged Care.
Holding income is provided on the site with several warehouses currently leased generating net income of $192,274.
2.5km from Morley Galleria
6.0km from Perth CBD
Less than 500m from major bus routes
1.1km to Mt Lawley Golf Club
900m Terry Tyzack Leisure Centre
2.0km to Dianella Plaza
For more information please contact the exclusive selling agents Tilt Commercial.
DISCLAIMER: Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
