Sterling Property Partner Simon Brady and Senior Partner Jake Wallman have sold the site following a competitive on-market campaign, with the once-in-a-generation opportunity representing one of the largest privately held riverfront landholdings in the Perth metropolitan area.
The property benefits from a strategic position within Guildford’s heritage precinct, one of Western Australia’s most historically significant suburbs, surrounded by renowned schools, hospitality venues and lifestyle amenity, while remaining just 13km from the Perth CBD and approximately 4km from Perth Airport.
Zoned “Private Clubs and Institutions” under the City of Swan planning framework, the site offers flexibility for a wide range of future outcomes (STCA).
The campaign generated interest from a broad mix of buyer groups including investors, developers and owner-occupiers, before transacting to a private syndicate of local investors.
The new owners, known as The Guildford Farm, have plans to restore the old dairy and stables for use related to equestrian activities; care for the land on the flood plain to provide a safe haven for birds and other wildlife, as well as engaging with the local community on special projects and open days.
Nicole Laurence of The Guildford Farm said “We want to restore this unique place and hope our vision will positively contribute to the heritage area of Guildford for generations to come”.
Jake Wallman said the campaign reflected the rarity of the offering.
“This was a genuinely unique property and the breadth of interest we received during the campaign reflected the wide range of potential end uses available to the site.
“Having been offered to the market for the first time in nearly 30 years, a number of buyers were immediately attracted to the opportunity, resulting in multiple offers in what was an extremely competitive campaign.”
The sale underscores ongoing demand for tightly held landholdings with frontage to the Swan River and a broad range of potential end uses.
For more information on the Guildford Farm Project follow their website: www.guildfordfarm.com.au
For further information contact Simon Brady on 0407 486 401 or Jake Wallman on 0403 975 298.
