For sale via Expressions of Interest closing 5pm Monday 6th May 2024 – Seller reverses the right to sell prior.

Opportunity awaits with this unique offering of 2 Green Title properties with a combined 1,513sqm of land area, in the thriving suburb of East Victoria Park, providing strong income while offering various opportunities for redevelopment in a sought-after hub within 5kms of the Perth CBD.

The two properties include…

63 Etwell Street
– 706sqm site area
– Currently operating as short-term accommodation
– 14 rooms across 2.5 floors
– Mix of single and double rooms
– 100% occupancy

66b Etwell Street
– 807sqm site area
– Currently operating as short-term accommodation
– 15 rooms across 2.5 floors
– Mix of single and double rooms
– 100% occupancy

Please note – 63a which was also for sale is now under contract. Only 63 and 66B are available.

63 and 66B Etwell Street have been consistently in high demand from students with proximity to public transport routes, Curtin University, the Vic Park precinct, and the Perth CBD. Each of these premises includes common lounge, dining, kitchen, bathroom and laundry facilities. Secure car parks are also located at these two properties.

Zoned Local Centre, these three properties have a plethora of uses available to them including…

Permitted Uses:
Child Care Premises, Consulting Rooms, Educational Establishment, Fast Food Outlet, Home Office, Liquor Store-Small, Lunch Bar, Office, Place of Worship, Restaurant/Café.

Discretionary Uses:
Amusement Parlour, Art Gallery, Betting Agency, Car Park, Civic Use, Commercial Vehicle Parking, Community Purpose, Convenience Store, Exhibition Centre, Grouped Dwelling, Home Business, Home Occupation, Home Store, Hospital, Market, Multiple Dwelling, Reception Centre, Recreation – Private, Residential Building, Serviced Apartment, Service Industry, Service Station, Shop, Single House, Small Bar, Telecommunications Infrastructure, Veterinary Centre.

For grouped or multiple dwellings development, the designated density under the East Victora Park Precinct 12, is R30.

Preference will be for a sale in one line however, the Seller may consider selling separately.
Information Memorandum is available upon request. Please contact James via the email option for a prompt response.

Location Features:
– Surrounding population of 36,889 ppl
– Bus stops directly fronting the properties
– 1km to Curtin University
– 1km the Vic Park Precinct
– 2km to Waterford Plaza
– 3km to Swan River
– 4km to Crown Perth and Optus Stadium
– 5km to Perth CBD
– 7km to Perth Airport