241 Stirling Street Perth WA 6000

Offices
432 m²
For Sale, Contact Agent

Unique Heritage Asset with Huge Development Potential

Land area: 1,037 sqm*
Gross floor area: 432 sqm*
Dev. potential with excess plot ratio

Knight Frank as exclusive agents is pleased to present to the market 241 Stirling Street, Perth.

This stunning circa 1900s building best known as the "Colmel House" is a grand Federation Italianate style property, located next to Beaufort Central on Stirling Street. Currently utilised as an office and ideally suited for an owner occupier or developer to maximise the site's future development upside.

The locality is within walking distance of icons such as the Brisbane Hotel, HBF Stadium and Northbridge entertainment precinct. 241 Stirling has easy access to major transport options from an abundance of street parking, bus routes and the nearby Graham Farmer Freeway.

The two-level character building consists of 14 rooms, currently occupied as an office and has exclusive car parking bays located at the rear. The building is "heritage listed" however the rear land could be developed into higher density for residential apartments or additional office given the excess plot ratio.

Key Investment highlights:

- Land area: 1,037 sqm*
- Building gross floor area: 432 sqm*
- Zoning: 'Mixed Use' under the City of Vincent LPS2 with 'R80 Residential' coding. Potential for bonus plot ratio if heritage building is integrated and refurbished to maintain the character streetscape (STCA).

This property is to be sold with vacant possession. It will suit owner occupiers, developers or potentially as a grand residence.

241 Stirling Street is offered via "Offers to Purchase" closing Thursday 4 pm AWST, 1 May 2025, unless sold prior.

For further information or to arrange an inspection please contact the exclusive sales agents.