![Burgess Rawson - Perth](https://i1.au.reastatic.net/170x46-fit/42b3c161b694696ced7249f30c3be4c86e12066f0d6ad72c862f29605c594f8c/large.jpg)
290-304 Whatley Crescent,
Maylands, WA 6051
Development Sites & Land
Price information
Sale
Offers Invited Closing 18th July 2024
Key property information
Land area
Floor area
Private inspections
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Map of 290-304 Whatley Crescent
Train stations within 5 km of 290-304 Whatley Crescent, Maylands, WA 6051 Distance Meltham Station 436 m Maylands Station 615 m Bayswater Station 1.7 km Mount Lawley Station 1.9 km East Perth Station 2.8 km POWERED BY HERE ©Bus stops within 5 km of 290-304 Whatley Crescent, Maylands, WA 6051 Distance Guildford Rd After Caledonian Av 426 m Guildford Rd After Ninth Av 470 m Guildford Rd Before Ferguson St 520 m Guildford Rd After Falkirk Av 533 m East St Before Caledonian Av 573 m POWERED BY HERE ©
POWERED BY HERE ©
Substantial Inner City Development Opportunity
- 'Corner to Corner block’
- Multitude of possible uses (STCA)
- Holding income from Funeral Home
Burgess Rawson are pleased to present to the market for sale via Offers Invited 290 – 304 Whatley Crescent, Maylands. This substantial development site comprises 9 lots sold in one line totalling 5,155sqm of land fronting Whatley Crescent from Ferguson Street to Charles Street.
The site would suit a large variety of possible uses with the City of Bayswater currently commencing a scheme review. It is likely that the sites are rezoned to ‘Residential R80’ enabling developers to construct a multi-level residential complex given the close proximity to both Meltham & Maylands trains stations. Buyers are encouraged to make their own planning enquiries.
Features
• Huge 5,155sqm site
• ‘Corner to Corner block’
• Multitude of possible uses
• Holding income derived from Funeral Home
• Outstanding accessibility to public amenity
• Rare opportunity to acquire such a significant parcel of land
• Minutes to the Perth CBD
• Zoned: General Industry’
Zoning
The properties are zoned ‘General Industry’ in accordance with the City of Bayswater District Town Planning Scheme No 24.
Income
Two of the 9 lots are leased to long-standing tenant ‘Invocare Australia Pty Ltd’ Trading as ‘Christian Funerals’
The Tenant is in their final 5 year option that commenced on the 18th January 2023 and expires on the 17th January 2028.
The current net income is $123,909.48 pa with annual CPI increases.
Sales Process
The properties are offered in one line via an Offers Invited campaign closing on the 18th July 2024.
For further information please contact the exclusive selling agents Luke Randazzo & Ben Flanagan on 0417 181 3... & 0405 929 1....
The site would suit a large variety of possible uses with the City of Bayswater currently commencing a scheme review. It is likely that the sites are rezoned to ‘Residential R80’ enabling developers to construct a multi-level residential complex given the close proximity to both Meltham & Maylands trains stations. Buyers are encouraged to make their own planning enquiries.
Features
• Huge 5,155sqm site
• ‘Corner to Corner block’
• Multitude of possible uses
• Holding income derived from Funeral Home
• Outstanding accessibility to public amenity
• Rare opportunity to acquire such a significant parcel of land
• Minutes to the Perth CBD
• Zoned: General Industry’
Zoning
The properties are zoned ‘General Industry’ in accordance with the City of Bayswater District Town Planning Scheme No 24.
Income
Two of the 9 lots are leased to long-standing tenant ‘Invocare Australia Pty Ltd’ Trading as ‘Christian Funerals’
The Tenant is in their final 5 year option that commenced on the 18th January 2023 and expires on the 17th January 2028.
The current net income is $123,909.48 pa with annual CPI increases.
Sales Process
The properties are offered in one line via an Offers Invited campaign closing on the 18th July 2024.
For further information please contact the exclusive selling agents Luke Randazzo & Ben Flanagan on 0417 181 3... & 0405 929 1....
Property ID: 504611760Last Updated: 19 Jun 2024
Burgess Rawson - Perth
Level 10, 225 St Georges TerracePERTH, WA 6000
![Burgess Rawson - Perth](https://i1.au.reastatic.net/170x46-fit/42b3c161b694696ced7249f30c3be4c86e12066f0d6ad72c862f29605c594f8c/large.jpg)
290-304 Whatley Crescent
Maylands, WA 6051
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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