RWC WA are pleased to present 172-176 Great Eastern Highway, Ascot to the market for sale via Expressions of Interest.The asset presents an incredibly rare opportunity for developers and investors to acquire Landmark landholding, boundaries entirely consisting of street frontage exposure, 25m from parkland and the Swan River, prominently positioned on the corner of Great Eastern Highway, Stoneham St and Hargreaves St. Identified as a Landmark site within the Golden Gateway precinct the height limit is soon to be increased from the current 9 storey's to potentially up to 20 storeys.Also located on a key arterial route the site presents a unique opportunity for both residential and commercial developers.Featuring:- 5,317m2 landholding- Mixed use zoning- Across the road from parkland and the Swan River- 78m frontage to Great Eastern Highway, 89m frontage to Stoneham & 109m frontage to Hargreaves.- Multiple crossovers- Approximately 56,000 per day (2020/21 count)- 430m2 office/showroom with workshop- 9 storey heigh limit being increased to 10 storeys at Great Eastern Highway and 15 storeys at Stoneham Street, with an additional 5 storey bonus available due to being a Landmark siteFor further details or to arrange an inspection, please contact:Stephen HarrisonRWC WA0421 622 777stephen.harrison@raywhite.comChris Matthews0413 359 315RWC WAchris.matthews@raywhite.com
The size of Ascot is approximately 3.6 square kilometres. There are 12 parks, covering nearly 44.2% of the total area. The population of Ascot in 2016 was 2572 people. By 2021 the population was 3095 showing a population growth of 20.3% in the area during that time. The predominant age group in Ascot is 50-59 years. Households in Ascot are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 66.90% of the homes in Ascot were owner-occupied compared with 70.00% in 2016.
Ascot has 1,800 properties. Over the last 5 years, Houses in Ascot have seen a 78.30% increase in median value, while Units have seen a 93.42% increase. As at 31 July 2026:
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