275 Albany Highway Victoria Park WA 6100

275 Albany Highway, Victoria Park offers investors a prime location and opportunity to secure a rare foothold in Victoria Park with high exposure.

Located along Albany Highway with popular restaurants, Memorial Garden, the Causeway and East Perth nearby. The current long standing tenant operates a restaurant shop front with secure Lease until July 2027. R Code 60 allows the astute investor to prepare development plans while receiving holding income and long term growth.

Current District Centre zoning allows for a wide range of uses such as residential, consulting, medical, restaurant, shop, office, etc (refer to Town of Victoria Park Local Planning Scheme No.2 for additional uses subject to Council & Development approval).

Preliminary discussions have been made to transform Albany Highway into a vibrant residential & commercial precinct throughout Victoria Park. There is potential to allow multi-story development up to 5 levels high (subject to WA Planning Committee & Council approval) through the imminent review of the Local Planning Scheme with the Albany Highway Precinct Structure Plan.

For further details, please contact:
Matthew Chee | 0401 635 592 | Frontier Realty

Disclaimer: This information is provided for general information purposes only and is based on information provided by the seller and relevant authorities 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.