Canning Bridge Development Zone Site
Suit Developers & Investors
Located in the desirable Canning Bridge development precinct, this strategic land holding offers astute investors a commercial holding income combined with potential mixed use development upside.
17 Ogilvie Road is a fully equipped office building designed for optimal functionality, offering ample parking space for occupants. Its prime location ensures swift access to the north and southbound freeways, as well as convenient proximity to major train and bus routes. Situated just 9 kms from the Perth CBD, 11 kms from the Fremantle CBD, and is just a short stroll to the Canning River, this property is ideally positioned within walking distance of local restaurants, bars, and cafes.
Situated on a 1890 sqm lot, this property currently includes various fully furnished office spaces and 32 secure parking spots. The property is currently partially leased at market rates, which presents the potential for increased rental income or the option to utilize the vacant floor space while retaining the existing tenancies.
The City of Melville has indicated that the land falls within the Canning Bridge Area Plan Q2 precinct, featuring a M15 zoning and an R-AC0 R-Code. The total land area, measuring 1,890 square metres, provides the potential for site redevelopment, with a maximum allowable height of approximately 32 metres, roughly equivalent to 10 stories. Furthermore, there is an opportunity to increase the height to approximately 15 stories, and additional discretionary height concessions can be obtained for community benefit.
For further information, please contact Daniel Grant on 0418 883 535