Colliers International and ACTON Commercial are pleased to offer 8 Parker Street, Northbridge for sale. A rare opportunity to purchase a superb vacant land development site in Northbridge, one of Perth's most sought after inner city locations.
THE OPPORTUNITY
The property is suitable for a range of development options including residential, commercial or hotel accommodation whilst taking advantage of the premium location, generous plot ratio allowances, proximity to the Perth CBD and other key commercial precincts, to deliver and outstanding development outcome with views over picturesque Russell Square in a vibrant location.
ZONING
The City of Perth confirm that the property is located in Precinct 1 - Northbridge and is zoned "City Centre". Please refer to the Selling Agent for further details.
DEVELOPMENT GUIDELINES
• Plot Ratio - 4:1 plus eligible for a 20% plot ratio bonus
• Height limit - 40 metres
Plans have previously been approved for a 12 level, mixed use development.
LAND DETAILS
• Land Area 548 square metres
• Frontage to Parker Street - 13.42 metres
• Frontage to Mountain Terrace - 13.42 metres
ASKING PRICE
$3,750,000 + GST
GST
The Sellers are registered for GST and the GST is payable in addition to the sale price at settlement.
For more information, please contact an agent today.
