11 Units Plus Communal Space on 2025sqm Zoned R40

This is a rare opportunity for a savvy investor, syndicate or developer to purchase a unique and significant land holding in one of Perth's most highly sought after suburbs. Set on 2025sqm of prime North Perth land zoned R40, 94 Forrest Street comprises of 11 single level units plus a communal area which can be leased as an office space or could be converted to an additional unit.

Ideally located within 3km to the Perth CBD and just a short walk from the hustle and bustle of the Fitzgerald Street strip, you have the options of either;
• Lease all the units, which will generate a significant annual income
• Lease the units whilst under going development application for the 2025sqm site

The details for 94 Forrest Street:
• Comprises of 11 units, including nine 1 bedroom units, and Two 2 bedroom units
• Additional office space/ community centre/ communal space on site which can also be leased or reconfigured to another unit potentially
• 2025sqm
• 40m frontage
• All units can be leased (six have current leases in place)
• Well kept complex, all on one title

Location, Location, Location!
-North Perth Primary School 850m | Sacred Heart Primary School 1.2km
-Mt Lawley Senior High School 2km | Perth College Anglican School for Girls 1.9km
-Local shops, restaurants, cafes, pharmacy all within walking distance on Fitzgerald street 250m
-Hyde Park 550m
-Beatty Park Leisure Centre 1.5km

Why invest here?
This presents an incredible opportunity to secure a significant land holding in one of Perth's most desirable suburbs. Whether you're looking to hold and take advantage of the significant annual rental returns, or demolish and create a unique development in a highly desirable residential area, this ticks all the boxes. Contact us to find out the full potential annual earnings.

Ray White Whiteman & Associates in conjunction with Ray White South Perth are proud to present this unique investment opportunity to the market.

What are you waiting for? Act NOW and give us a call.

For further information, please send an enquiry today or contact David Whiteman on 0418 920 409 or Jannine Blum on 0403 058 167.

*Disclaimer: Ray White Whiteman & Associates have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.*

Explore the area

School catchments

North Perth Primary School Primary K-6 Government 0.53km
St Paul's Primary School Primary PP-6 Catholic 0.78km
Sacred Heart Primary School Primary PP-6 Catholic 0.82km
SEDA College WA (West Perth) Secondary Independent 0.88km
Highgate Primary School Primary K-6 Government 1.1km
Perth College Combined PP-12 Independent 1.3km
Mount Lawley Senior High School Secondary 7-12 Government 1.5km
SEDA College WA (Leederville Second Campus) Secondary Independent 1.6km
Mount Lawley Primary School Primary K-6 Government 1.6km
St George's Anglican Grammar School - William Street Campus Secondary Independent 1.6km
Kyilla Primary School Primary K-6 Government 1.7km
SEDA College WA (Leederville) Secondary Independent 1.8km
Aranmore Catholic College Secondary 7-12 Catholic 1.8km
School Of Isolated and Distance Education Combined K-12 Government 1.9km
Coolbinia Primary School Primary K-6 Government 2.1km
Aranmore Catholic Primary School Primary PP-6 Catholic 2.2km
St George's Anglican Grammar School - Murray Street Campus Secondary Independent 2.3km
St George's Anglican Grammar School Secondary 7-12 Independent 2.5km
Mercedes College Secondary 7-12 Independent 2.6km
Perth Modern School Secondary 7-12 Government 2.7km
SEDA College WA (Leederville Third Campus) Secondary Independent 2.7km
West Leederville Primary School Primary K-6 Government 2.8km
Bold Park Community School - Maylands Secondary Independent 2.9km
Inglewood Primary School Primary K-6 Government 2.9km
Mount Hawthorn Primary School Primary K-6 Government 3.0km
St Denis School Primary PP-6 Catholic 3.0km
Bob Hawke College Secondary 7-12 Government 3.1km
St Peter's Primary School Primary PP-6 Catholic 3.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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