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240 Adelaide Terrace, Perth, WA 6000

240 Adelaide Terrace, Perth, WA 6000

Hotel/Leisure Land/Development

  • Sold Contact Agent
  • Wed 16-Oct-19

Rare CBD Development Opportunity

  • Substantial site holding: 1,697sq m
  • Exciting development opportunities
  • Counter cyclical opportunity

  • Land Area
  • 1697.00 m² (approx)
  • Floor Area
  • 1,697 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Whole
  • Last Updated
  • Dec 25, 2019
  • Car Spaces
  • 24
  • Zoning
  • Office/Residential

Interested in this property? Contact an Agent today

Savills - Perth

Level 27, 108 St Georges Terrace

Perth WA 6000

Rare CBD Development Opportunity

Savills (WA) is pleased to bring to the market 240 Adelaide Terrace, Perth.

The property is located towards the eastern end of the Perth CBD on the main arterial of Adelaide Terrace. The property is 650m from the State Buildings and the COMO Treasury, 700m from Mclver Train Station and 950m from Elizabeth Quay.

The property comprises a 62 room accommodation facility on a substantial, regular shaped 1,697sq m site. Accommodation is spread across a 2 level building fronting Adelaide Terrace and a 3 level building at the rear of the site. 24 car bays are provided at the rear of the property with access from Adelaide Terrace.

- Key site towards the Western Terrace
- Large 1,697sq m site with 30 metres of frontage onto Adelaide Terrace
- 4.0:1.0 Plot Ratio with 2 metres height limit
- Benefit from the recovery of Perth’s residential market
- Inner city accommodation comprising 62 rooms with ongoing operation possible
- Tightly held precinct on Adelaide Terrace
- 100% Freehold – Vacant Possession
- Zoning: Special condition Area 1: Office/Residential (Precinct 13 – Adelaide)

For Sale by Expressions of Interest closing 2pm

240 Adelaide Terrace, Perth, WA 6000

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