Sterling Property is pleased to exclusively present 12 Charles Street, South Perth – a 1,784sqm*, vacant, shovel ready development site in the heart of one of Perth’s most prestigious riverside suburbs.

Suited to luxury apartments, mixed-use or owner-occupier development (STCA), the site offers a purchaser a genuine pathway to a substantial, design-led built form outcome with plot ratio potential of up to 9.8:1.0 and no fixed storey cap under the discretionary Tier 2 pathway.

With clean, regular dimensions and no demolition required, this is a rare opportunity to move straight to design and construction in a tightly held, high-growth location just 4km from the Perth CBD.

Key Highlights
– Land Area: 1,784sqm*
– Dimensions: Approx. 42.24m x 42.24m*
– Vacant, shovel-ready – no demolition required
– Richardson Character Area, South Perth Activity Centre Plan
– Tier 2 development potential – discretionary height, plot ratio up to 9.8:1.0
– Suited to luxury apartments, mixed-use, or owner-occupier development (STCA)
– South Perth median house price: circa $2.35 million*
– 20.7% capital growth over 12 months, 70%+ over 5 years*
– Just 4km from Perth CBD with excellent transport links
– Walk to Mends Street, Perth Zoo, Royal Perth Golf Club, Richardson Reserve and the Swan River
– Nearby DA approval for a 51+ level, 237-apartment tower – underlining developer confidence in the locality

Location
South Perth is one of Perth’s most tightly held riverside suburbs. From 12 Charles Street, you’re within walking distance of:
– Mends Street retail, dining and ferry precinct
– Perth Zoo
– Royal Perth Golf Club
– Richardson Reserve
– The Swan River foreshore
– Mends Street Ferry Terminal — direct link to Perth CBD
– Freeway access and high-frequency bus routes

Sales Process
Offers Invited – no set closing date, vendor reserves the right to accept an offer at any time.

For further information please contact the exclusive selling agents Jack Bradshaw or Brian Neo of Sterling Property.