254 Mill Point Road, South Perth, WA 6151 | Other for sale | OnTheHouse
 
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254 Mill Point Road
South Perth WA 6151

Bedrooms: 1
Bathrooms: 1
Car spaces: 6
Land area: 594m2
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ICONIC RIVERSIDE LANDMARK, IN PRIME LOCALE!

ALL OFFERS PRESENTED BY 5PM AWST ON THE 25TH AUGUST 2026.
Some sites don't come around twice. Positioned on one of South Perth's most recognisable streets, 254 Mill Point Road offers a genuine opportunity to secure a landmark address, with the zoning, scale and outlook to back it up.
Zoned Local Centre and coded R60 with a permitted build height of three storeys (12m), the site supports a multi-storey development of up to six lots. The location speaks for itself. For a developer looking to increase the height, the outlook opens up to uninterrupted views across the city skyline and the Swan River, a rare combination this close to South Perth's café strip and foreshore.
The existing building carries genuine heritage value, with a facade the Council will expect any redevelopment to retain and build around while a full demolition is unlikely to gain approval. The opportunity here is for considered design that honours the building's character while reimagining what sits behind and above it, with rear laneway access offering scope for a practical, well-integrated build.
Given the Local Centre zoning, a purely residential scheme isn't likely to get across the line but that's part of what makes this site interesting. Council will expect a commercial element woven into the development, whether that's a boutique café, restaurant, or another use that adds to the street's character. For an established business looking to plant a flag on Mill Point Road, this is that chance.
Recently rented for approximately $92,000 p.a plus outgoings, the current building offers a sensational opportunity to invest or continue your business in the current primes.
For more information or to arrange a private viewing, contact the Jac Fear | Karen Firth Team today.
We look forward to welcoming you.
Council Rates | $6,317.90 pa
Water Rates | $2,006.67 pa
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Property Details for 254 Mill Point Rd, South Perth

254 Mill Point Rd, South Perth is a 1 bedroom, 1 bathroom Other with 6 parking spaces. The property has a land size of 594m2. The place is currently for sale with ART OF REAL ESTATE.

Building Type
Other
Land Size
594m2
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. There are 20 parks, covering nearly 28.6% of the total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.

South Perth has 8,813 properties. Over the last 5 years, Houses in South Perth have seen a 77.90% increase in median value, while Units have seen a 68.56% increase. As at 31 August 2026:

  • The median value for Houses in South Perth is $2,253,941 while the median value for Units is $909,601.
  • Houses have a median rent of $998 while Units have a median rent of $750.
There are currently 84 properties listed for sale, and 25 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in South perth.

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