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Future Development Site on Beaufort Street Arrives to Market

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957 Beaufort Street, Inglewood launches to market this week with untapped potential

PERTH, 5 February 2024A future development site situated along the bustling Beaufort Street Strip in the Inglewood town centre is expected to attract strong interest from buyers when it hits the market this week. 

 

Colliers Director of Investment Services, James Baker and Executive of Investment Services, Aidan Austen have been appointed to sell the property. 

 

The property currently leased to two separate tenants in Two Mad Tuscans and Thomasz Group but ultimately would be redeveloped in the future to reach its highest and best use with its generous zoning.  

 

Mr Austen said “this is an exceptional chance for astute developers to secure an income-generating development site situated in the vibrant core of the highly sought-after Inglewood retail and hospitality precinct. The property is ideally suited for transformation into a mixed-use development, meeting the strong housing demand while also providing valuable commercial amenities for the local community”. 

 

Mr Baker said “the property ticks all the boxes, a sought after, terrific location with a Beaufort Street frontage, a large 615sqm landholding within a local development precinct offering generous zoning and development guidelines. As a result, we are expecting strong interest from developers both locally and interstate keen to make the most of on this rare “value add” opportunity.” 

 

The property is offered for sale via ‘Offers Invited” launching to market this week. 


Related Experts

James Baker

Director, Western Australia | Investment Services

Perth

James Baker has over 14 years’ experience across the WA Commercial Property market and joined Colliers in 2022 as the WA Director of the Colliers Investment Services Team.  James has been exposed to extensive market activity across Office, Healthcare, Retail, commercial, hotels, health care and residential development asset classes.

His extensive knowledge across the Perth Metropolitan Commercial Market provides clients with firsthand market knowledge and he is committed to delivering up-to-date, effective sales solutions that support the individual property to ensure a premium sales result on behalf of his clients.

James Baker’s ability to understand and convey to the market the unique opportunity of each commercial property backed up by extensive experience and market intelligence will add value to any Commercial property sales campaign.

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Aidan Austen

Executive, Western Australia | Investment Services

Perth

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