HUGE OPPORTUNITY here to acquire a significant large landmark corner site which is destined to be the jewel in the crown of the City of Stirling's Walter Road West Neighbourhood Centre Local Development Plan.
Commercial land like this just 5.7 kilometres (approx) from the Perth CBD: what are you waiting for? The sky's the limit for this unique piece of real estate.
Public transport goes past the door. This site sits right on the corner of Inglewood, Bedford and Dianella - three highly favoured suburbs within the Perth metro area. And it's just 2 kilometres to Morley CBD, one of the major Activity Centres in Perth.
Zoned 'Local Centre' and designated 'Main Street' on the Local Development Plan, 49 Walter Road West is the only Vacant Land in the Local Development Plan which has frontage to the Walter Road commercial strip. Frontage to Walter Road of 30.6 metres (approx.) and frontage to Cleveland Street of 94 metres (approx.). The site has a 5 -storey height limit and will accommodate commercial uses and residential uses in what can be a stunning mixed use development.
The Walter Road Neighbourhood Centre Local Development Plan was adopted by City of Stirling in 2020 and is the guiding plan for the area as it stragically transitions from traditional light industrial uses to a commercial and residential mixed-use precinct. Serious buyers need to refer to this document available for download from City of Stirling web site.
A wonderful location for modern apartment living as well as vibrant commercial tenancies in a precinct that is likely to be a drawcard location for coffee shops and restaurants, small bars, offices and a variety of small businesses along Walter Road - all supported by increased population density throughout the precinct as development proceeds.
The increased population in this precinct is going to need local stores such as supermarkets, convenience stores, liquor outlets, pharmacy, fast food outlets, medical suites etc. With vision, foresight and imagination any or all of these types of businesses could be your foundation ground floor tenants. These types of businesses will want to locate here at a prominent corner. Build it and they will come!
A corner site of 2808m2 (approx.), the existing easement over the land provides for a right-of-way at the rear of the property and this right-of-way will be retained into the future.
Historically the site was used as a petrol station. The site is classified as "decontaminated" by the Department of Environment and Regulation and the site does not appear on the WA government search database of known contaminated sites.
Information Memorandum available on request.
Your Sales Representative marketing this property for House Proud Realty is Peyal Jayatilaka. Peyal can be reached on 0412 244 868 for discussions about this site. Naturally, we can only sell it once and the opportunity to acquire this site for development or investment is available now. Rare land and an unmatched opportunity.
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