29 Wellington St, East Perth is a 1 bedroom, 0 bathroom Unit. The property has a land size of 389m2.
Colliers International and ACTON Commercial are pleased to offer for sale 29 Wellington Street, East Perth. An excellent opportunity to purchase a superb vacant land development site in the rapidly expanding east side of the Perth CBD.THE OPPORTUNITYThe property is ready for residential development, taking advantage of its elevated Wellington Street position, city fringe location, generous plot ratio allowances and proximity to the Perth CBD plus other key commercial precincts, to deliver an outstanding development outcome.ZONINGThe City of Perth advise that the property is located in Precinct 14 - Goderich and is currently zoned Residential R160. Please refer to the Selling Agent for further details.DEVELOPMENT GUIDELINESandbull; Plot ratio - 3:1 plus eligible for maximum 50% plot ratio bonusandbull; Height limit - 21mPlans have previously been approved for a 9-level development. LAND DETAILSandbull; Land Area 675sqmandbull; Frontage to Wellington Street 20.02mASKING PRICE$2,100,000 + GSTGSTThe sellers are registered for GST and GST is payable in addition to the sale price at settlement. For more information, please contact an agent today.
The size of East Perth is approximately 3.2 square kilometres. There are 21 parks, covering nearly 33.5% of the total area. The population of East Perth in 2016 was 10596 people. By 2021 the population was 11681 showing a population growth of 10.2% in the area during that time. The predominant age group in East Perth is 30-39 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation.In 2021, 36.40% of the homes in East Perth were owner-occupied compared with 37.60% in 2016.
East Perth has 8,409 properties. Over the last 5 years, Houses in East Perth have seen a 40.10% increase in median value, while Units have seen a 56.76% increase. As at 30 April 2026:
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