172-176 Great Eastern Highway
Ascot, WA 6104

Overview

Landmark Golden Gateway Site

This property at 172-176 Great Eastern Highway, Ascot, Western Australia, presents a unique and rare opportunity for developers and investors to acquire a landmark landholding within the Golden Gateway precinct. The site is prominently positioned on the corner of Great Eastern Highway, Stoneham Street, and Hargreaves Street, offering extensive street frontage exposure and proximity to parkland and the Swan River, just 25 meters away.

The landholding spans approximately 5,317 square meters and is zoned for mixed use, providing flexibility for various development possibilities. The site benefits from a significant frontage of 78 meters to Great Eastern Highway, 89 meters to Stoneham Street, and 109 meters to Hargreaves Street, with multiple crossovers facilitating access.

Currently, the height limit for development is set at 9 storeys; however, this is expected to increase to potentially up to 20 storeys, reflecting the site's landmark status within the precinct. This height increase includes a 10-storey limit at Great Eastern Highway, 15 storeys at Stoneham Street, and an additional 5-storey bonus due to the landmark designation.

The property includes a 430 square meter office/showroom with an adjoining workshop, and the tenancy is currently vacant, allowing for immediate development or occupation. The location on a key arterial route ensures high visibility and accessibility, with an approximate daily traffic count of 56,000 vehicles (2020/21 data), enhancing the site's commercial appeal.

This offering is ideal for both residential and commercial developers seeking a landmark site with significant development potential in a strategic location. The mixed-use zoning and upcoming height limit increases provide an exceptional opportunity to capitalize on the area's growth and development trajectory.

• Landholding of 5,317 square meters
• Mixed use zoning
• Proximity to parkland and the Swan River
• Extensive street frontages: 78m (Great Eastern Highway), 89m (Stoneham Street), 109m (Hargreaves Street)
• Multiple vehicle crossovers
• High traffic exposure with approximately 56,000 vehicles per day
• 430 square meter office/showroom with workshop
• Height limit increase from 9 to potentially 20 storeys, including bonuses

For further information or to arrange an inspection, interested parties are encouraged to contact the agents directly.

Location