52 Mill Point Road,
South Perth, WA 6151

- Land area 1,029sqm
- Zoned 'Residential R80/100'
- Development Approval for 10 apartments (now lapsed)
- Riverside Peninsula location

Introduction
Burgess Rawson is pleased to offer for sale by Offers Invited this riverside development site situated on Mill Point Road, South Perth. The 1,029sqm site offers high rise residential development potential with Development Approval for 10 luxury apartments (now lapsed).

Land Details
The site has an approximate frontage to Mill Point Road of 20.54 metres and a depth of 50.29 metres. The site has a total approximate land area of 1,029sqm.

Zoning
The City of South Perth advise that the property is zoned ‘Residential R80/100' under their current Town Planning Scheme.

Development Approval
The City of South Perth granted (subject to conditions and now lapsed) Development Approval on 18 December 2007 for an 8 storey, 10 unit residential development. The units comprise five 3 bedroom, two 2 bedroom, two 1 bedroom apartments and a 3 bedroom plus study penthouse and sub penthouse.

On 18 November 2010 a Building Licence was granted for ground works and a retaining wall which was substantially commenced by Resolute Constructions. Please refer to selling agents for further details.

Sale Conditions
The property is offered for sale by ‘Offers Invited' closing 2.00pm (WST) Thursday, 14 July 2011. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.

Closing Date
Thursday, 14 July 2011 at 2.00pm (WST).

Goods & Services Tax
The sellers are registered for GST and the buyers will be required to pay the sellers GST liability at settlement.

Possession
The property will be sold with vacant possession at settlement.

For further details

Rob Selid
0412 198 2...
rselid@burgessrawson.com.au

Andrew McKerracher
0411 611 9...
amckerracher@burgessrawson.com.au