Held for a generation, Positioned for the next.
71 Victoria Street, MIDLAND WA 6056
What to like
Located right next door to Midland New Railway Station this is a rear opportunity to secure a significate land holding with three road frontage plus with the added advantage of the right of way access as well offering a unique redevelopment opportunity.
The property has the advantage of being fully leased with a current holding income from long term tenants and the full flexibility those current holding over leases offer a purchaser.
Purchasers not looking for immediately redevelopment will have the opportunity to renegotiate the current terms and rents across the property.
• Land - 2,872sqm*
• Improvements PCA Measurement - Lease area of 1,672sqm
• METRONET East Midland - Victoria Precinct Plan
• Midland Redevelopment Area Design Guidelines
• Sub-Precinct 5 - Victoria Street South
• The redevelopment guidelines suggest a maximum height of 39m in the range of 9-12 stories.
With all land use categories (except Light Industrial) listed as preferred, the site offers a diverse range of potential uses.
All Expressions of Interest are closing at & will be sbmitted for consideration at the same time following the closing date on 4PM on Wednesday the 25th November.
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While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.