Colliers is pleased to offer for sale 3 Third Avenue, Kensington. 3 Third Avenue, Kensington represents a rare opportunity to purchase a prime childcare development site on a prominent corner just moments away from multiple amenity as well as Kensington Primary School across the road. The Opportunity This rare opportunity presents a prime development opportunity for the astute developer or investor. Zoned ‘Local Commercial’ under the City of South Perth’s Town Planning Scheme it has an array of potential future uses. Location The property is located south of Canning Highway and approximately 50m from the Kensington Primary School. As well as providing excellent access to the local amenity with only minutes separating the property from shopping and amenities at both East Victoria Park and Victoria Park, as well as being only minutes from the Perth CBD. Improvements The Property is a 1,684m2 parcel of land with existing older indoor squash court building which is currently leased. We would suggest the building provides no real underlying value as the site is primed for re-development. Land Details* Land area – 1,684sqm Development Guidelines** Zoned “Local Commercial” under the City of South Perth’s Town Planning Scheme which allows several different uses. Zoning The City of South Perth advise that the property is currently zoned “Local Commercial”. Possession The property is offered with a lease in place. Method of Sale For sale via Expression of Interest Expressions of Interest For further information or to request a copy of the contract of sale, please contact the selling agents
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