554 Newcastle Street

West Perth WA 6005

Belle Property Commercial Perth proudly presents 554 Newcastle Street, West Perth For Sale.This versatile, freehold strata property (owned in one line) is perfectly tailored for developers and investors seeking value-add potential with a current Development Approval granted for a 'Mixed Use' project comprising of 15 Aged or Dependent Persons Dwellings (Specialist Disability Accommodation) and an associated Office.The property is strategically positioned in a tightly held pocket of West Perth which has seen the connectivity between Leederville and Northbridge being realised with multiple developments currently under way such as "Sydney Charles Quarter" which will redefine the pickle district as we know it. Offering excellent exposure and ease of access to Mitchell Freeway, Perth CBD amongst multiple local amenities.| Key Features |- Land Area: 835sqm*- Total Strata Area: 519sqm*- DA Approved site - granted 1st August 2023- 6 Storey Height Limit with 5 Level Design approved- Approval for 15 boutique Aged or Dependent Persons Dwellings- Approval for 105sqm* Office with 97sqm* Mezzanine area- Rear and Side Street access laneways- 15+ Car Bays under current scheme- Zoning: Mixed Use R160- NDIS Approved Scheme- 15,000 Cars passing daily**- Prime signage and brand visibility- Ability to improve existing structure and occupy or lease out| Development Approval |Operational details of the Specialist Disability Accommodation, including the use of the Office tenancy relating to the SDA; can be provided upon request.| The Sale Process |A copy of the Information Memorandum and Contract of Sale are available upon request. For more information or to arrange an inspection, please contact the 'City Fringe Specialist' team below:*Approx** (Source: Main Roads)