Exclusive agent Realmark Commercial is excited to present to market 289 – 295 Vincent Street, Leederville for sale as Mortgagee in Possession via ‘Expressions of Interest’ campaign closing 5pm, 7th December 2023.

This impressive triple lot development site boasts a land area of 1,578sqm* with a previously approved DA for 35 Lot scheme over 9-storeys. The Vincent Street fronted site has an easement of 223sqm* connecting to the infamous ‘Electric Laneway’ which has been exceptionally developed by Hesperia and ABN respectively.

The property benefits from 3 separate lots and will be a last remaining development site in the premium activity precinct of Leederville, situated only a stone throw away from the CBD.

What to know:
- Mortgagee in Possession Sale
- Previously approved 9-storey site
- 3 separate titles
- Easement of 223sqm*
- Added plot ratio bonus
- Cleared Inner Leederville site
- Located within Leederville activity centre, 200m* from Leederville Train Station
- 3 frontages connected to Electric Lane
- Sold as vacant possession with GST applicable to the purchase price

Land and Zoning
Lot 8 – 289 Vincent Street – 526sqm*
Lot 7 – 291 Vincent Street – 526sqm*
Lot 6 – 295 Vincent Street – 526sqm* with 223sqm* Easement

The subject sites are zoned ‘Regional Centre’ within the City of Vincent Local Planning Scheme No 2. The subject property has a 6-storey height limit with further achievable heights and bonus plot ratios, subject to council approval.

SALE PROCESS
The property is being sold via a 6 week "Expressions of Interest" campaign closing 5pm, 7th December 2023.

289-295 Vincent Street provides a prime location accompanied with an abundance of amenity, making it an ideal opportunity for Developers, so seize your chance and make your mark in the Leederville story!

For further information or to arrange a viewing inspection please contact Brent Griffiths.

*Approx.
**STCA