Colliers International is pleased to offer for sale 381 Beaufort Street, Perth. A very rare opportunity to purchase a superb significant development sites in highly sought-after city fringe location.
THE OPPORTUNITY The property offers a range of development possibilities to capitalise on its large, elevated landholding, strategic position and generous development guidelines apply to create a superb landmark development.
THE LOCATION The property is situated in an elevated position on sought-after Beaufort Street just over 1km from the Perth CBD and the Northbridge entertainment precinct, within walking distance to Mount Lawley Cafe's strip and the new Woolworths market.
IMPROVEMENTS The existing improvements consist of a three level building currently used as backpackers accommodation with 57 rooms and licensed for 230 beds. There is on site parking for 43 cars.
LAND DETAILS Frontage to Beaufort Street: 60.43 metres Total Land Area: 3,517* square metres
ZONING The City of Vincent advise that the property is zoned 'Mixed-Use R-100'.
DEVELOPMENT GUIDELINES (STCA) Plot Ratio: 1.3:1 Height Limit: 5 storeys
GST The Sellers are registered for GST and GST is payable at settlement.
SALE CONDITIONS The property is offered for sale by Offers Invited.
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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