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Burgess Rawson  - Perth

2 Upham Street Subiaco, WA 6008

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2 Upham Street,
Subiaco, WA 6008

Development Sites & Land

Price information

Sold

$17,000,000 - $18,000,000 Inclusive of GST

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 2 Upham Street

Directions

Substantial Subiaco Development Opportunity

+ Significant 9,784sqm Development Site
+ Zoned ‘Mixed Use’
+ R Code – ‘R-AC3’
+ Multitude of Development Options
+ One of the last ‘big’ sites in Subiaco
+ Massive 100 metre frontage overlooking POS

Burgess Rawson are pleased to present to the market an outstanding opportunity to acquire a rarely available 9,784sqm substantial development site. The site is located within the highly sought and tightly held locality of Subiaco.

The site is one of the last ‘big’ sites in Subiaco possessing a 104.82 metre frontage to Upham street with a large variety of development options. The site is level and its size and scale present a rare offering in such a tightly held locality such as Subiaco. The site enjoys outstanding access to key amenities.


Core Features;

+ 9,784sqm level development site
+ Substantial parcel of land
+ Zoned ‘Mixed Use R-AC3’
+ Multitude of possible development outcomes
+ Rare size in highly sought, tightly held precinct
+ Clean parcel of land ready to be developed
+ Within close proximity to key core amenity


Zoning & Planning

The site is zoned ‘Mixed Use’ with an R Code of R-AC3 according to the City of Subiaco Local Planning Scheme No. 5. The zoning affords buyers a large array of development opportunities with the ability to develop multi storey subject to relevant approvals. A development shall not exceed a maximum plot ratio of 2.0 except where the development is generally consistent with the built form provisions of an applicable Local Development Plan. In this instance, the maximum plot ratio shall not exceed 3.0.

Location

Located in highly sought Subiaco, rarely does a site of this substantial size and scope come to market.

The property resides within Salvado Road and Hay Street, Subiaco with fantastic access to key thoroughfares; Cambridge Street, Thomas Street, North and South Freeway entries and exits and Graham Farmer Freeway.
The site also enjoys outstanding access to schools, shops and public transport.

The site is:

+ 1.2km* from St John of God Subiaco Hospital
+ 4.4km* to Perth CBD
+ 5.9km* from City Beach & WA Coastline
+ 600 metres from IGA Wembley Cambridge Street
+ 2.2km* from Bob Hawke College
+ 1.4km* from Subiaco train station


Site Details

Frontage to Upham Street - 104.82 metres
Frontage to Bishop Street - 75.56 metres
Frontage to Greenwood Lane- 85.57 metres
Depth of site - 114.91 metres

Land Area - 9,784sqm

Legal Description

Lot 13 on Deposited Plan 64731 Certificate of Title Volume 2733 Folio 903


Sale Process

The property is offered for sale by ‘Offers Invited’ closing at 2pm on the 13th of March 2024. Offer documentation is available from the selling agents. Offers are to be lodged with the selling agents before the closing time.


An Information Memorandum is available upon request. To obtain an IM or for any further information please contact the exclusive selling agents Luke Randazzo on 0417 181 3... and Rob Selid 0412 198 2....

*approx

Property ID: 504510140Last Updated: 9 Jul 2024

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Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson  - Perth
2 Upham Street
Subiaco, WA 6008
Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000

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