PRIME POTENTIAL WITH RARE BEAUFORT ST CORNER FRONTAGE
**772sqm CORNER SITE IN THE BUSTLING BEAUFORT ST CORRIDOR
***LEASED INVESTMENT***
Capture the convenience and capitalize on this Prime corner location with 772 sqm of Prime development land on offer with a variety of development options afforded to the astute purchaser/developer.
The property is also sold as a leased investment and provides holding income for the new owner whilst development applications are in progress and being approved by the relevant authorities.
A dual frontage property such as this are often sought and rarely found. Zoned ‘Residential’ under the City of Stirling (‘City’) Local Planning Scheme No. 3 (‘LPS 3’), with a density coding of R-AC0. Located within the City of Stirling’s Beaufort Street Local Development Plan (‘LDP’) area, the potential here is to develop a multi dwelling development where the LDP affords a maximum building height of 3 storeys with no maximum plot ratio (subject to all council and all development approvals).
The below link offers further detailed information in relation to the development potential for this opportunity in this bustling Beaufort Street corridor, see:
https://www.stirling.wa.gov.au/your-city/documents-and-publications/planning-and-building/urban-planning/local-development-plans/beaufort-street
Non-Residential development opportunities in this Residential Development Zone, may include alternative development options/uses, subject to council and development approvals, such as, childcare premises or community purposes or short-stay accommodation options.
Prime features of this land include:
• Prime development site of 772 m2
• Zoning is R-AC 0 , Subject to Beaufort St Local Development Plan guidelines
• Potential Residential 3 storey development, Subject to Council Approval
• Immediate potential income as a leased investment
• Flood Lights and full security fencing
• Recently Leased with lease to start October 2021
Maximise your advertising and exposure here with this site that offers full visibility for your boutique development in the bustling Beaufort Street corridor. Join leading national retailers on the strip such as Coles, Woolworths and Aldi. PLUS a host of boutique small business operators from a variety of cafés and restaurant dining options, to personal and beauty care providers, medical practitioners as well as a selection of larger scale residential developments.
Create your point of difference in this expanding Inglewood Precinct that is just waiting to explode and be embraced as a destination precinct for locals and others from nearby surrounding suburbs. Enquire with Steve Radi of Radi Estates Inglewood on 0411755788. [Less]
