Take advantage of this rare chance to acquire three prime properties in West Perth, available as individual purchases or a combined site, offering significant potential for residential development in a highly desirable location. With Residential R80 zoning, these sites are ideal for multi-storey projects, making them a compelling choice for investors and developers looking to expand in West Perth.

241 Vincent Street, West Perth
• Lot Size: 598.99m²
• Zoning: Residential R80 (LPS2)
• Designated Use: Residential
• Building Height Limit: Up to 3 storeys
• Future Planning: Approx. 14m² frontage to be ceded for road widening
• Tenancy: Periodic lease generating $450 per week

243 Vincent Street, West Perth
• Lot Size: 705.59m²
• Zoning: Residential R80
• Designated Use: Residential
• Building Height Limit: Up to 3 storeys
• Future Planning: Approx. 13.5m² frontage to be ceded for road widening
• Tenancy: Periodic lease generating $510 per week

84 Loftus Street, West Perth
• Lot Size: 559m²
• Floor Area: 106m²
• Zoning: Residential R80 (LPS2)
• Designated Use: Residential
• Building Height Limit: Up to 3 storeys
• Future Planning: No heritage restrictions or road widening requirements
• Tenancy: Vacant, ideal for immediate planning and development

Residential Zone Objective:

Diverse Housing Options:
Supports a variety of housing choices and residential densities to meet community needs.
High-Quality Design and Streetscapes: Encourages quality in design, architecture, and landscaping to enhance the area’s aesthetic.

Compatible Non-Residential Uses:
Permits select non-residential uses that complement the residential environment.
Combined, these properties offer a total of approx. 1,863.58m² of developable land with rental income from two properties, flexible zoning options, and the opportunity for high-quality, sustainable residential design. Whether acquired as individual lots or as a strategic landholding, this is an exceptional opportunity to contribute to West Perth’s urban landscape.

The site incorporating all 3 dwellings will be sold on an “as is” basis.

Contact Doreen Sharma on 0415 070 683 or email doreensharma@theagency.com.au to explore this unique development potential at 241 & 243 Vincent Street, along with 84 Loftus Street!