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61 & 63 Victoria Street
Midland, WA 6056
$2,200,000 + GST
Overview
61 & 63 Victoria Street, Midland
Seize this rare opportunity to acquire a substantial 2218 square meter high-density development site located in the heart of Midland. This prime land parcel is strategically positioned just 150 meters from the Midland train station, which is currently under construction, and only 600 meters from the new St John Of God hospital, also nearing completion. Such proximity to major infrastructure projects makes this site ideal for a dynamic new development.
Situated within the Midland Redevelopment Authority's Sub Precinct 5 Victoria Street South, the property is zoned to support up to 12 storeys of mixed residential and commercial space. This zoning offers significant potential for developers looking to capitalize on the area's growth and transformation.
Key highlights of the location include:
- 1.6 kilometers from Guildford Grammar School, a prestigious educational institution.
- 1.5 kilometers from the scenic Swan River, providing recreational opportunities.
- Midland Oval redevelopment precinct just 500 meters away, enhancing community amenities.
- Curtin University within 350 meters, attracting a student population and academic professionals.
- Midland Gate Shopping Complex only 250 meters from the site, offering retail convenience.
- Easy access to major arterial routes, facilitating connectivity to greater Perth.
- The renowned Swan Valley wine region within 5 kilometers, adding lifestyle appeal.
The site previously received Development Approval (D/A) for 60 residential apartments, featuring a mix of 1, 2, and 3-bedroom options. The former approval also included approximately 320 square meters of ground floor retail space and 410 square meters of commercial office space, providing a versatile blueprint for mixed-use development.
Currently, the area is experiencing a surge in infrastructure projects, which is driving strong interest from both owner-occupiers and investors. Residential apartments in Midland are achieving record prices, reflecting the growing demand and confidence in the market. This presents an exceptional opportunity for developers to participate in the thriving growth of Midland.
Additional information available upon request includes:
- Formerly approved Development Application plans, including Western Australian Planning Commission (WAPC) conditions.
- Dial Before You Dig service plans.
- Title particulars, including any encumbrances.
For quick access to the Midland Redevelopment Authority's design guidelines relevant to these lots, refer to pages 81-84 of the official documentation.
This site represents a unique chance to be part of Midland's exciting future. Interested parties are encouraged to explore the area further and consider guided tours to understand recent sales and developments, gaining insight into current market demands.
Disclaimer: The information provided is for general purposes only and is based on details supplied by the seller. It may be subject to change, and no warranty or representation is made regarding its accuracy. Prospective buyers should conduct their own independent inquiries to verify all information.
Location
Midland WA 6056
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