89-91 Robert Street, Como, WA 6152

Ideally positioned between two luxury apartment complexes in one of the area's most popular streets, this prime landholding provides a rare opportunity to secure one of the last remaining large development sites in the sought-after 'river-side of the highway' section of Como. Set within the tightly-held Cassey Quarter of the Canning Bridge Activity Centre Precinct, the site offers potential for a large scale 6 - 8 level luxury apartment project, along with potential for variation of the scheme provisions to create a unique terrace and townhouse-style development. 

Sitting across two titles and with the bonus of two neat and solid three bedroom homes to rent out while considering your options, the site offers exceptional flexibility and with alternative vehicle access available via Henley Street, the site can be developed to its full potential in order to maximize returns, adding to the appeal. 

Brilliantly located so close to the river foreshore and Canning Bridge Station and just a short stroll across historic Canning Bridge to the bars and restaurants of Applecross - including the iconic Raffles Hotel and riverside favorite, the Rowing Pavillion, this is the ideal site whether your plans are to development now, or land-bank while you consider your options as this exciting new precinct comes to life. 

•	Two adjoining titles of 1113sqm and 1012sqm, to form a huge 2125sqm landholding
•	Exceptional 40.24m frontage to desirable Robert Street 
•	Located within Canning Bridge Activity Centre Precinct ( Cassey Quarter) 
•	Perfectly positioned between the iconic 'Paradiso' and 'Edition' buildings
•	Suitable for 6 - 8 stories of luxury apartments
•	Potential for a unique terrace/townhouse-style project (subject to approval of variation to precinct design guidelines)
•	Vehicle access available from Henley Street - assisting maximization of site potential 
•	Two solid 3 bedroom homes, ideal to provide holding income until you develop
•	Current market rent potential of approximately $700 - $770 per week for each home

THE DETAILS:
Local Authority: City of South Perth
Council Rates (combined): $4,819.54 per annum
Water Rates: (combined): $2483.68 per annum
Zoning: Canning Bridge Activity Centre
Land Area: 2125sqm (combined)
Improvements: 2 x three bedroom brick & tile homes
Leases: #89 currently vacant, ready for leasing | #91 on a periodic tenancy at $620pw
Estimated Market Rent: $700 - $770pw for each home (appraisal avail.)
More Info: Detailed Information Memorandum and Investor's Pack avail. upon request
Contact: Nik Jones 0417913966 | [email protected]


Whether you are a developer searching for the ideal site to create a landmark development, an investor seeking to capitalize on the prime location and development upside for the future, or even a group of friends and family seeking to invest in one of Australia's most popular high-growth areas, this is a very rare opportunity that is simply not to be missed. 

A detailed Information Memorandum, including zoning and development information, rental appraisals and internal photos and all relevant documentation is available to interested parties by email upon request.

For further information, please contact Nik Jones, or for the fastest and most detailed response, please send an email enquiry directly from this website.

Disclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.