Rare Development Site

Looking for a fantastic opportunity to invest, build your dream home or develop in the heart of South Perth? 3 Hensman Street South Perth offers a 900sqm multi title lot with a 23.34sqm street frontage. The two lots each comprised 450sqm with a frontage of 11.67sqm each.

With the new Town Planning Scheme 7 (awaiting to be gazetted) will make this lot a R40 site.

The property currently comprises 3 dwellings:

1. Original house: – 3-bedroom 2-bathroom currently leased $725pw expiring 03/05/24
2. Villa 1 – 1 bedroom currently leased $340pw expiring 12/06/24
3. Villa 2 -1 bedroom currently leased $320pw expiring 04/11/24

The existing home was built in 1945 and extended in 1988, the buildings will be sold in an “as is/as inspected” condition”. Please note the roof on the two villas is asbestos.

This magnificent opportunity is awaiting re development, so do not delay as this location offers close proximity to all amenities that South Perth is well-known for!

Location Advantages:
3.5km to CBD
100m Royal Perth Golf Course
Close to Mends and Angelo Streets shopping precincts – restaurants, special shops, cafes
Close to private and state schools
Transport to the CBD only metres away on Labouchere Road
Easy Access to freeways North and South
Close to Swan River foreshore and surrounding parklands

This is a rare opportunity for savvy investors and developers to secure prime land in one of Perth’s premier locations.

Don’t miss out on this golden opportunity to DEVELOP AND PROSPER!

For more information please call:
Ian Hutchison on 0418 922 100
Sharon Walsh on 0418 928 997

**Disclaimer: * The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.

Council Rates: $6,034.64 pa
Water Rates: $3,192.51 pa