This prime vacant 2478m2 development site was previously a kindergarten site. The land is presently Crown Land but will be changed to Freehold Title by the Department of Lands prior to Settlement. This land is surplus to the needs of the State of Western Australia, so is to be sold by Public Auction to the highest bidder subject to a reserve price on 2nd of March 2017.

Auction Venue:
Auction to be held on the Ground floor at Ray White Corporate Office – 12-14 The Esplanade Perth WA 6000 (Perth City)
Auction Time: 6pm on Thursday the 2nd of March – registrations are from 5pm
Parking is available for the Auction either at The New Esplanade Hotel next door or at the Perth Convention Centre Nearby.

Presently Zoned Residential R17.5 this land will be suitable to divide and develop up to 4 residential lots subject to council approval.

All genuine offers will be presented prior to Auction

Auction Terms and Conditions:
A deposit of $50,000 payable to Department of Lands Trust Account is to be paid by Bank Cheque immediately after the Auction and the balance of the purchase price is to be paid at Settlement on or before 60 Days from signing the contract at Auction.

Note: GST will apply to the sale of this land – Department of Lands will seek the 10% GST on top of the purchase price, however, should the purchaser request for the margin scheme to be applied we would agree. We will provide a valuation under the margin scheme and a GST certificate from Landgate to go with the Contract of Sale if the Margin Scheme is applied.