We are offering “For Sale” for the first time in a number of years two (2) lots together on the corner of Tamar and Carrington Streets, Palmyra with a combined land content of (2,095m²). The improvements attached to the corner lot with a street address of 58 Carrington Street and a land content of 1,048m² was divided some years back to provide two (2) individual shop fronts with the larger of the two (2) operating as cafe /restaurant for a number of years until its closure. The second, a shop front tenancy is currently operated as fashion accessory business. The adjoining residential lot with a street address of 56 Carrington Street and a land content of (1,047m²) is currently leased under a periodic tenancy agreement.

Under the City of Melville Local Planning Scheme No 6, the two (2) lots being offered “For Sale” are zoned R40 and allow for a mixed use development of a similar design as the recently completed development directly across the road. This was built by the ABN Group and backed by one of Perth’s most trusted developers, Dale Alcock. The ABN Group’s development has been designed to provide four (4) resort style villas and at mixture of twenty (20) 1, 2 &3 bedroom apartments plus a ground floor street frontage ribbon of individual shop fronts. The sale evidence indicates the development has been a very successful project and has brought to the location a very modern complex which has been beautifully designed to blend into the surrounding location.

The opportunities in Palmyra to secure a prominent corner site with the potential to be redeveloped into another quality mixed use development now, or in the future, are few in in this area especially down the East Fremantle end of this great suburb. The properties are being offered as one parcel of land.

For further information relating to the properties being offer For Sale please call:

David Edinger 0418 912 2...
George Edinger 0488 030 438