Business For Sale Western Australia
Business Category Commerical Property Freehold
Description
Perth City Building Freehold – Development Opportunity
Expression of Interest Sought
Central location- Hay St East – North Facing
“Renovate or Detonate” Concept Drawings Available for site
Generous plot-ratio 5 to 1 with further bonus + 40% to 7 to 1 – with no Parking requirements
17 Floors permitted – no height limit – Land area 534 sqm
Vacant Possession except for 4 retail shops leased out providing holding income.
Would ideally suit short stay accommodation , student accommodation , self service apartment hotel.
or residential City Apartments
Walking distance to CBD, Universities, Royal Perth Hospital, Elizabeth Quay
Priced reasonably to sell
Expression of Interest (E.O.I) – invited- closing 15th of October 2024
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.