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Overview
This prime development site at 111 Burswood Road offers a unique investment and occupancy opportunity in one of Perth’s most desirable inner metropolitan precincts. Nestled near the serene Swan River and vibrant entertainment venues like Optus Stadium and the Burswood precinct, it ensures excellent accessibility and lifestyle appeal.
The property features a substantial 1,227 square meter land area with dual front and rear access, making it exceptionally versatile for redevelopment pursuits or ongoing use. The on-site building area of approximately 305 square meters has undergone extensive refurbishment, delivering a high-quality office environment, ideal for accommodating business needs or leasing arrangements.
Parking is a standout asset, with 32 marked, secure car bays supporting both tenant convenience and income generation. The offices and adjoining bays fronting Burswood Road are leased until the end of 2026, ensuring immediate revenue streams, while the rear bays offer additional periodic income.
Mixed-use zoning under the ASR9 Causeway Precinct provides flexibility for multiple development pathways, appealing to investors and developers looking to take advantage of this evolving urban hub. The property's proximity to Perth’s CBD and retail precincts supports a professional and accessible workplace setting.
This offering is ideally suited to investors seeking steady income coupled with redevelopment upside, or businesses desiring a strategic location with excellent infrastructure support. The blend of secure parking, quality office space, and mixed-use permissions underscores the property's multifaceted potential.
Local Market Insights
In Perth - South East, Quiet Listings observed 34 new parcels of land entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $1,649,824. The property type mix of listed properties is predominantly Houses at 70%, followed by apartments (10%), and units (5%). The most active agency for land in the Perth - South East area is currently Tilt Commercial, representing 47% of new listings, followed by Ray White with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Burswood WA 6100
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