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879 Wellington St 6,458 SF 100% Leased Flex Building West Perth, WA 6005 $1,961,736 ($303.75/SF)
Investment Highlights
- Two-lot development site totaling 1,254 square meters with single title ownership.
- Located opposite Watertown Brand Outlet Centre and close to Hay Street retail and entertainment precinct.
- Zoned “Office/Residential” within West Perth Precinct Plan No. 10; future flexibility for mixed-use.
Executive Summary
879 Wellington Street presents a rare, 100% freehold development opportunity in the heart of West Perth. Spanning approximately 1,254 square meters across two lots on a single title, the site offers significant development potential with a proposed plot ratio of 5.5:1 under the draft Local Planning Scheme 3, and no height restrictions, subject to approval. Currently improved with a 600 m² showroom/building, this property provides flexible options: refurbish the existing structure or redevelop into mixed-use office and residential projects.
Property Facts
| Price | $1,961,736 | Building Class | C |
| Price Per SF | $303.75 | Lot Size | 0.31 AC |
| Sale Type | Investment | Rentable Building Area | 6,458 SF |
| Property Type | Flex | No. Stories | 1 |
| Property Subtype | Showroom |
| Price | $1,961,736 |
| Price Per SF | $303.75 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.31 AC |
| Rentable Building Area | 6,458 SF |
| No. Stories | 1 |
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879 Wellington St
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