Superb opportunity to acquire an entire Residential Apartment Building, with Council approved Commercial Development of Retail on site (already in place).
This brilliant high exposure South Perth location is ideally positioned on the Swan River side of the Canning Highway.
The existing buildings are two separate 2-storey blocks of five (5) large 1 & 2 Bedroom traditional style Apartments, comprising 3 x 2 Bedroom and 2 x 1 Bedroom styles.
The location has nearby access to the major arterial roads of Canning Highway and the Kwinana Freeway, with public transport within 120m easy (90 seconds walk).
The entire complex is currently leased but can be sold with vacant possession if required.
The opportunity is presented to acquire this entire building, on a great site with substantial future development potential, in a single line sale.
For further information please contact Albert Fontana on 0418 952 647
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 8,793 properties. Over the last 5 years, Houses in South Perth have seen a 82.48% increase in median value, while Units have seen a 86.35% increase. As at 30 November 2025:
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