Sold March 2013

188 Loftus Street North Perth 6006 WA

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Studio 0 0

COLOSSAL OPPORTUNITY

This 1315m2 R60 site offers the prudent investor developer a unique opportunity to develop between 8 to 12 units whilst having the great security of 3 two bedroom homes returning a solid $40,000p.a. plus holding income.
Under the new criteria pertaining to major arterial roads this property ticks all the boxes to increase the current plot ratio.

Greater than 1000m2 site on a major arterial road in an inner city location
Plot ratio Block size 1,315sqm plus 342sqm bonus for single bed units use 1,657sqm for calculations, plot ratio circa 1,120sqm is 67% < 70% allowed
Setbacks All setbacks within allowable limits
Overlooking To be redefined balconies where necessary to be screened
Car parking 14 permanent bays plus 6 visitor bays, plus provision for 10 plus cycle racks

Please see pictures for a possible design for development. Please ensure you make your own relative enquiries to the respective authorities.

EXPAND…

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Agent Information

Mark Hay Realty East Perth

28/118 Royal Street
East Perth WA, 6004
More property from Mark Hay Realty East Perth
28/78 Stirling Street97/78 Stirling Street123/78 Stirling StreetLot 64 Gibbs Circuit16a Hyland Street130-132 Attfield Street

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Mark Hay Realty East Perth

28/118 Royal Street
East Perth WA, 6004

Agent Information

More property from Mark Hay Realty East Perth
28/78 Stirling Street97/78 Stirling Street123/78 Stirling StreetLot 64 Gibbs Circuit16a Hyland Street130-132 Attfield Street