Experience the potential of 11 Sayer St, Midland, a premier development opportunity in a highly desirable location. This expansive 1,260 sqm parcel of land, with a broad 20-meter frontage, is perfectly positioned within walking distance to key amenities like Midland Gate Shopping Centre, the state-of-the-art St John of God Hospital, the upcoming Curtin University Campus, and efficient transit options at Midland Train and Bus Stations.
Zoned for Mixed Use and Development under the guidance of the Metropolitan Redevelopment Authority, this site offers a wealth of development possibilities. Envision creating a vibrant retail or commercial hub, or designing an impressive multi-story apartment complex, with potential for structures up to 9 stories high (Subject to WA Planning & council approval).
The property currently hosts a charming 1925 weatherboard structure, featuring a welcoming reception, waiting area, five distinct offices, and a rear veranda complete with kitchen, bathroom, and storage facilities. Ample parking is available both in the front and along the side. Enhancing the appeal, a sturdy steel high-roof patio presents a serene outlook over the property's rear, adorned with fruit-bearing trees and a sizable shed.
With its exceptional quality and strategic location, 11 Sayer St stands as a versatile investment opportunity. Whether you're looking to develop immediately, lease, or occupy with future growth in mind, this property is a rare find in the heart of Midland.
* Property is to be sold on an "as is" basis.
For further information or an obligation free appraisal, contact listing agent Eric Hartanto.
* Property is currently leased until 13/10/24 at $510/week.
