Tightly held for 40 years… the wait is over…
Just released to the market… this Exceptional Development Site represents an outstanding opportunity for an astute investor…
Commanding “Angove Precinct” café strip… city fringe location destined for prominence.
“Yes”… the council has big plans for this location…
Under the proposed City of Vincent Town Planning Scheme No 2 the property will be zoned as part of the “District Centre”….
Here’s a few snippets of some of the benefits being proposed…
“to encourage high quality, pedestrian-friendly, street-orientated development that responds to and enhances the key elements of each District Centre, and to develop areas for public interaction “
Built Form
“Rejuvenate the area along Fitzgerald and Angove Street, to reposition the area as a Town Centre, and to strengthen its role as a vibrant cultural and historical hub, through community oriented urban design”
“Facilitate the built environment at a human scale and style that evokes a heritage village atmosphere and is of the area’s rich cultural past whilst repositions the area as a bustling Town Centre”
“Promote new development to reflect exemplary contemporary and environmentally friendly design which contributes positively to the character of the Town Centre”
“Reinforce the traditional ribbon form of development along Fitzgerald Street, north of Raglan Road, and along Angove Street with development built up to the street, creating a vibrant, pedestrian-friendly precinct”
“Respond to existing building height and streetscape character of Angove and Fitzgerald Streets and adjoining properties through articulation and staggering of setbacks”
“Recognise the opportunity for greater heights on key sites to encourage high density residential development and housing diversity within the Town Centre, whilst ensuring no undue impact is placed on the amenity of the area”
“The height of new developments is to respond to the existing urban context and where appropriate, heritage and streetscape considerations. Lots with a total site area exceeding 800 square metres are able to increase in building height, however only where the applicant has demonstrated that acceptable levels of amenity can be maintained at adjacent properties”
DETAILS OF THE SITE
- 2 Street Frontage, corner of Angove & Woodville Streets
- Bonus… ROW, rear laneway access
- Generous land area… approx 1009m2 over 2 titles
- Currently 2 Multi- Lot titles
- Lot’s 16/700 – approx 521m2 ( residential house currently on the site )
- Lot’s 18/701 – approx 488m2 ( petrol station / mechanical workshop currently on the site )
SITE POTENTIAL
• Permitted uses include Mixed Use – ie Residential and Commercial mix.
• Note: there is no requirement for Commercial at all at this stage however Policies are in train to make it a requirement for Comms on Ground Floor – they may be passed early this year.
• Potential for 4 storeys or more ( Subject to Council Approval)
WHAT’S CLOSE BY
- City fringe location with easy access to Perth CBD
- In amongst popular “Angove Precinct” cafés & shops
- Minutes to Rosemount Hotel
- Fitzgerald Street café strip
- North Perth Plaza ( including Coles & North Perth Growers Market)
- Choice of shopping in the area
- Primary + pre-primary schools
- Child care facilities
- Educational campuses close by including Edith Cowan
- Public transport close by
- Tennis / lawn bowling clubs
- Medical, aged care, chemists
- Beatty Park aquatic centre not far away
- Parks and amenities
This property is being sold with vacant possession…
A tightly held landholding not to be overlooked…
Expressions of Interest are invited…
Offers to be submitted by 4pm on Wednesday the 4th April, 2018.
(The seller reserves the right to sell prior…)
For more information or to arrange an inspection please contact
RUSSELL FELLOWS on 0408 904 747
Fellows@MarketPlaceRealty.com.au