621 Hay Street, Jolimont WA 6014

Snap up one of the last remaining development sites in Jolimont.

Recent major zoning upgrade from R80 to R160 under Subiaco Local Planning Scheme 5 (LPS5) upgrade. This site can now support up to 5 storeys and 20 apartments (STCA).

Bonus turn-key option - this site previously had an approved DA for 12 high quality apartments over 3 storeys, prior to the zoning upgrade. This can be used for a medium scale turn-key development (STCA and transfer fees from architect).

Secure the last blue-chip site of this kind in Jolimont with a significant landholding of 1012m2 and many options.

Close to Subiaco, Wembley and Jolimont and excellent amenities:
• Subiaco Town Centre, Rokeby Road, Subiaco Square & Woolworths, Wembley IGA
• Schools - Bob Hawke College, Shenton College & Jolimont Primary School
• Health precincts & hospitals - King Edward, St John of God Subiaco, Perth Children's Hospital, Sir Charles Gardiner / QEII
• Public Transport Links - Bus Stop next door, Subiaco & Daglish Train Stations less than 5 min walk
• Parks, Lakes & Public Spaces - Subi Centro, China Green, Jolimont, & Wembley Sports Park
• Sporting facilities - Lords, Matthews Netball Centre & Wembley Sports Park, Perry Lakes / HBF Stadium / Bendat Basketball Centre
• Trendy cafes, bars, eateries & shops in the Subiaco and Wembley precincts
• Close to Perth CBD, and situated between the CBD and Perth's incredible beaches 

An ideal blue chip investment in the Western Suburbs with many options:
• Turn-key development option (STCA) - use previously approved DA plans (pre-LPS5 zoning upgrade) for a turn-key development – 3 storey build with 12 high quality apartments (eleven 3x2, one 2x1 apartment, 2 undercover parking bays, 4 visitor bays plus lift). This Fred Zuideveld architectural design commendation by Subiaco Council Design Review Panel - a contemporary design, north facing, solar passive, secure & private and a cost effective build. Renderings shown and plans available on enquiry.
• Create your own development to take advantage of the doubling of the zoning under LPS5 (from R80 to R160) – allowing up to 5 storeys and 20 apartments (STCA).
• Land bank for the future and retain the current tenants and holding income.
• Bring your own vision to life, and be part of the revitalisation of the City of Subiaco with the new Bob Hawke College and upcoming Subiaco East site on the Subiaco Oval.

A great opportunity for international investors to be eligible to migrate to Australia.

Significant potential upside - excellent economics, low interest rates and a competitive construction market for a cost effective build.

Don't hesitate - secure this blue chip site to provide a solid investment and plenty of options for your future.