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Attributes

Tenure Type Freehold
Land Area ()

Property Description

JLL as exclusive selling agent is pleased to offer 320-324 Oxford Street and 51 Marian Street, Leederville to the market by Offers to Purchase.


This is an outstanding opportunity to acquire the 100% freehold interest in four contiguous lots with those fronting Oxford Street having mixed-use potential. This substantial aggregation of land in a prime location delivers significant development potential, excellent surrounding amenity and valuable holding income.

Investment Highlights

Prime corner site of 2,016sqm* across four contiguous lots

Strategic inner northern location on the vibrant Oxford Street retail and commercial strip with combined 35.81m* frontage

Zoned ‘Mixed-Use R100 & Residential R30 ’ under the City of Vincent Local Planning Scheme No. 2 – Leederville Precinct.

Potential uses include; apartments, office, medical, shop, restaurant/cafe, small bar & child care (STCA)

Significant mixed-use development potential up to 4 storeys (STCA)

Substantial gross rental income of $99,580 p.a.* from four tenants

Direct access to major arterial roads & buses servicing the Perth CBD and metropolitan surrounds

High amenity location being less than 1km* from both the Mount Hawthorn and Leederville retail and food & beverage precincts 


320-324 Oxford Street and 51 Marian Street, Leederville is for sale by Offers to Purchase closing 2pm (AWST) Wednesday 25th November 2020.

Last Updated Date: 02 Nov 2020
Nigel Freshwater
Nigel Freshwater
Head of Sales & Investments – WA
Sean Flynn
Sean Flynn
Director, Sales & Investments – WA

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Last Updated Date: 02 Nov 2020

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