238 Lord StreetPerth WA 6000
Property Details for 238 Lord St, Perth
Last Listing description (August 2024)
RARE FIND - PRIME EXPOSURE INVESTMENT Land size : 800 sqm (approx.)Building size : 400 sqm (approx.)Mixed use zoning R100 Commercial/Residential development.Potential 6 Storey Development A very unique opportunity to acquire a commercial property with many options offered to the astute Investor. This seasoned property is ripe for refurbishment if you have the vision for restoration or you may be looking to occupy and operate your business in this prime location with a high exposure building on active Lord Street, directly opposite PERTH OVAL - HBF PARK (EX NIB Stadium) and just before the Bulwer Street traffic lights.With today's low interest rates available, you will find interest cost to buy is much lower than leasing rates....The property also features a current rear access and parking entered from Murchison Terrace.The options are expansive for the Developer who may be interested with vision for a mixed use development opportunity, as the property falls under the City of Vincent, Local Planning Scheme No 2. (You will find the residential codes on page 55 on the City of Vincent Built Form Policy Volume 7.1.1 - Volume 2 - Section 4) Alternatively a developer will also have the choice of redeveloping as a full commercial /shops/showroom and higher floor office with a Penthouse on the top floor. Or just keeping to a complete residential development over 6 levels.Call Albert Fontana on 0418 952 647 for further information!!!
Property History for 238 Lord St, Perth, WA 6000
- 21 Nov 2023Listed for Rent $140,000 / year
- 04 Aug 2022Sold for $2,000,000
- 20 Jul 2021Listed for Sale Offers above $2,000,000
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About Perth 6000
The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.
Perth has 12,097 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:
- The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
- Houses have a median rent of $850 while Units have a median rent of $725.
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