5 Wroxton Street, Midland, WA 6056 - More Details
FROM $1,295,000
Positioned in a highly connected and rapidly evolving pocket of Midland, 5 Wroxton Street presents an exceptional opportunity for developers, investors and land bankers seeking a substantial landholding in a premium central location.
Offering approximately 1,011sqm of vacant land with an impressive frontage of approximately 21.2 metres, the property provides a genuine blank canvas with the flexibility to develop now, invest for the future or secure as a strategic land banking opportunity in one of Perth's key eastern metropolitan centres.
Currently zoned R60, the site offers significant development potential, subject to all relevant planning and authority approvals. Importantly, 3, 7 and 9 Wroxton Street are also available for sale, presenting a rare opportunity to secure multiple adjoining lots. Where more than one lot is acquired, the applicable density increases to R80, further enhancing the potential of a larger consolidated development site.
The real strength of this property lies in its combination of size, zoning, location and future potential. Midland continues to evolve as a major residential, commercial, transport, education and healthcare hub, making this an attractive proposition for both immediate development and longer term land banking.
The property is conveniently positioned close to Midland Gate Shopping Centre, Midland Train Station, St John of God Midland Public Hospital, North Metropolitan TAFE Midland, local schools, parks and recreational facilities.
Major retailers and everyday amenities including Bunnings Midland, Officeworks, Woolworths and Gilbert's Fresh Market are also within the surrounding area, while convenient access to major transport routes provides excellent connectivity to the Perth CBD and wider metropolitan area.
Property Highlights
• Approximately 1,011sqm of vacant land
• R60 zoning
• Approximately 21.2 metre frontage
• Outstanding development, investment or land banking opportunity
• 3, 7 and 9 Wroxton Street also available for sale
• Opportunity to acquire multiple adjoining lots
• Density increases to R80 where more than one lot is purchased
• Potential for a substantial consolidated development site
• Premium central Midland location
• Close to major shopping, transport, healthcare and education precincts
• Ideal for developers, builders, investors and land bankers
Whether your strategy is to develop immediately, secure multiple adjoining sites for a larger project, or land bank for future growth, 5 Wroxton Street offers the flexibility and location to suit a range of investment objectives.
With substantial landholdings becoming increasingly difficult to secure in established and well connected locations, this is an opportunity to secure a significant piece of Midland with both immediate and long term potential.
Council Rates: $1,370 (approx)
Water Rates: $668 (approx)
For more information please call Haydar Sevim on 0420 303 136
**Disclaimer: All development potential, zoning, density coding, dimensions and proposed uses are subject to relevant authority approvals. Buyers should undertake their own enquiries and independent due diligence. Ray White BPG have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.**
- Type
- Residential Land
- Area
- 1,011 m²
