Sterling Property is pleased to exclusively present 4 Gwenyfred Road, South Perth - an outstanding opportunity to secure a substantial freehold landholding with a high-quality office improvement and exceptional redevelopment potential.Ideally located just off Canning Highway, near the intersection of Berwick Street, the property occupies a prominent 2,293sqm site and is improved with a modern, standalone office building spanning 911sqm over two levels*, supported by an impressive 50 onsite car bays - a rare offering in this location.The building is offered fully fitted and furnished, featuring a contemporary layout comprising open-plan work areas, private offices, multiple meeting rooms, a large boardroom, reception, and kitchen/breakout facilities on both floors - allowing for immediate occupation by an owner-occupier without the need for additional fitout works.With excellent signage exposure and flexible 'R-AC3' Mixed Use zoning, the site supports a wide range of future uses and offers development potential of up to 6 storeys (STCA), presenting a compelling long-term value-add opportunity.The current owner is open to leasing back one floor, providing optional holding income. Alternatively, the property can be delivered with vacant possession to suit an incoming occupier's requirements.The site's generous car parking and zoning may also make it an ideal candidate for medical, allied health, or consulting use, subject to approval.Key Highlights:- Land Area: 2,293sqm*- Building Area: 911sqm* split across two levels - Car Bays: 50 onsite bays- Zoning: 'R-AC3' Mixed Use - Canning Highway Places 1 & 2- Development Potential: Up to 6 storeys with a 2:1 plot ratio (STCA)- Flexible occupancy options - occupy all or part, or develop over timeBuilding Features:- High-quality, fully fitted office accommodation- Reception and client waiting area- Boardroom, meeting rooms, individual offices and open plan areas- Modern kitchen/breakouts on both levels- Male, Female and Accessible amenities on both floors- Excellent natural light and air-conditioning throughout- Suitable for professional offices or medical/consulting use (STCA)Location Benefits:Positioned just off Canning Highway, near the intersection of Berwick Street, the site enjoys outstanding connectivity to the Perth CBD, freeway access, and nearby lifestyle amenity including shops, cafes and riverside parks.Sale Method: Offers Invited Statutory Outgoings FY24/25:Council Rates: $21,000 pa approx. Water Rates: $4,535 pa approx.Land Tax: $16,000 pa approx. Exclusive Selling Agent:For further information or to arrange an inspection, contact the Exclusive Selling Agent Jack Bradshaw on 0439 095 336.
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 88.62% increase in median value, while Units have seen a 94.63% increase. As at 31 December 2025:
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