40 Cheriton Street Perth WA 6000

VERSATILE DEVELOPMENT PROPERTY
MULTIPLE DEVELOPMENT OPTIONS
EXCEPTIONAL INNER CITY LOCATION
EXISTING PASSING INCOME

An outstanding, rarely offered opportunity to purchase substantial property in a rapidly growing, tightly held and highly sought after CBD location!

Currently configured and utilised as a leased showroom and warehouse, the property boasts a superb location, being brilliantly positioned in proximity to the Perth CBD, Northbridge, and Mt Lawley, with immediate and easy access to main arterial routes and freeway on ramps.

With a preferred Mixed Use R100 zoning, the property affords attractive multiple options for development, including commercial, mixed use commercial and residential, multi-storey construction, or bespoke, purpose built commercial development.

PROPERTY HIGHLIGHTS
- Rare Inner City green titled development lot
- Preferred and developing inner city location
- 1020m2 of land area
- 20.20 metre frontage to Cheriton Street
- Zoned mixed use R100
- Multiple development options
- Holding Income with potential increase to yield
- Uninterrupted city views location

LOCATION BENEFITS
- Central Inner city location
- Neighbouring Highgate, East Perth, Mt Lawley and Perth CBD
- Walking distance to East Perth Train Station
- Adjoining Norwood Park recreational facility
- Close to childcare facilities and healthcare
- Easy and immediate access to Freeway on ramps
- Minutes to Graham Farmer Freeway
- Close to proposed East Perth Power Station Redevelopment
- Short distance to HBF Park and Loton Park Tennis Club
- Close to all amenities, shopping, and public transport

For further information, contact the exclusive selling agents.