12 Bowman StreetSouth Perth WA 6151
Property Details for 12 Bowman St, South Perth
Last Listing description (January 2024)
Ray White Commercial WA is delighted to present for sale two adjoining properties within the exclusive South Perth.
10 & 12 Bowman Street, South Perth are offered for sale in one line combined. The combined land area of these two adjoining titles is is 1,194sqm*.
Buyers are able to occupy the existing character offices, or retain the existing short term tenancies. The existing offices are are partially leased generating a holding income.
The land is capable of high-rise 'tower' development options with breathtaking views of Swan River, Perth City Skyline, Kings Park, Fremantle and across to Rottnest under the new zoning 'CENTRE' (R-AC0) zoning.
SUMMARY
- 2 contiguous freehold titles
- 1,194sqm* combined land area
- Existing offices partially leased (short leases)
- Zoned 'Centre' (R-AC0)
- 9.8 Plot Ratio potential (STCA)
- 27+ storeys or greater (STCA)
- Mixed Use - retail, commercial, medical, exclusive residential
- Occupy or invest until redevelopment
Very realistically priced!
Please contact Michael Milne or Brett Wilkins for further details:
Michael Milne
M: 0403 466 603
E: michael.milne@raywhite.com
Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com
*approximate
Property History for 12 Bowman St, South Perth, WA 6151
- 10 Jan 2024Sold for $550,000
- 20 Jun 2023Listed for Sale Priced for prompt sale
- 28 Apr 2016Sold for $1,037,500
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0About South Perth 6151
The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of 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 8,799 properties. Over the last 5 years, Houses in South Perth have seen a 89.43% increase in median value, while Units have seen a 97.88% increase. As at 31 March 2026:
- The median value for Houses in South Perth is $2,296,866 while the median value for Units is $979,393.
- Houses have a median rent of $850 while Units have a median rent of $730.
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