This article is from the Australian Property Journal archive
DEVELOPERS and investors have a final opportunity to acquire the last four development sites in the Perth City Link precinct, which has already attracted significant interest from residential, commercial and student accommodation players.
The lots range from 2,115 sqm to 3,941sqm with planning controls allowing for development of up to 30 storeys on Lots 12 and 18, 20 storeys on Lot 19, and 16 storeys on Lot 11.
These lots are the last available land created by sinking the railway and bus port to reconnect the Perth CBD and Northbridge. Interested parties bid for a single lot, combination of two or three, or all four in one line.
The Western Australian government has appointed Colliers’ Richard Cash, James Baker and Matthew Meynell to run the campaign. The eight-week EOI campaign runs from Wednesday 26 June and closes on Thursday 22 August at 2pm WST.
Land and Housing Minister John Carey said this is a rare CBD opportunity for developers and investors, the sites are well located next to public transport links, including the Perth Busport, Perth Train Station, Perth Underground Station, and high-quality pedestrian connections.
Carey said the sites have already received significant interest from local, national, and international companies who recognise the potential to create world-class developments that will cater to Perth’s growing population.
He added that the sites are expected to add important residential and student accommodation to Perth City Link, supporting the new Edith Cowan University (ECU) City Campus which is currently under construction.
“With an estimated population of 10,000 students and staff expected to attend the new ECU City Campus in 2026, there will be numerous opportunities for a more vibrant CBD, with varied accommodation, dining, and entertainment options,” he continued.
Perth City Link will accommodate the ECU campus which is part of the $695 million Perth City Deal jointly funded by the federal and state governments.
Further activation of the precinct includes the relaunched Yagan Square and its new hospitality venue ‘Stories,’ featuring nine bars, three restaurants, a speakeasy, rooftop bar and private dining space.
“We’re keen to see what world-class commercial, retail, mixed-use and residential precincts can be delivered that capitalise on this location and clearly residential and student accommodation would be received favourably.
“We want to make our city more liveable, attractive and vibrant for locals and visitors alike,” Carey concluded.
