highlights
Situated in a prominent position at the Eastern Gateway to the vibrant Port City of Fremantle is this rare opportunity to acquire a substantial development site that benefits from flexible zoning and planning controls, high amenity location and existing improvements provided potential for holding income!
45 and 47 Wood are being offered as is and where is, with the incoming changes to zoning and local planning schemes offering the potential buyer with an abundance of opportunities to capitalise on. The site is currently zoned “urban” under the metropolitan Region Scheme and “Development Zone” within “Development Area No.1” under the City of Fremantle City Planning Scheme No.4, with the potential for Residential Development under the Knutsford Street Local Structure Plan.
Key Features Include:
• 45 Wood Street – 1825m2
47 Wood Street – 1825m2
Total site area of 3,650m2 (Approx)
• High Amenity Location only approx 1.5km from the heart of Fremantle
• Located within the Knutsford Urban infill precinct.
• Residential development with mixed used and R60/R100 potential
• Approval Detailed Area Plan (DAP) allowing for up to 1:25:1 plot ratio and 17m building
height.
• Existing warehouse (1089sqm) and office (73sqm), on 45 and 47 Wood Street (currently
leased)
With the current changes to the zoning and development options of the site, the investment potential makes this an enticing prospect for any prospective purchaser with the opportunity to capitalise on the expected high demand of residences within the area!
For more information on these properties, please contact Santo Merenda on 0438 386 578 or John Da Luz on 0433 205 227.
