6-8 Kearns Crescent, Ardross WA

6-8 Kearns Crescent



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For Sale

6-8 Kearns Crescent, Ardross WA

Held Tight
The owners have finally loosened their grip on this tightly held asset and are offering 6 and 8 Kearns Crescent for sale after many long years of proprietorship.
A jewel in the crown that is known as the Riseley Frame, 6-8 Kearns Crescent are at the heart of this thriving residential and commercial village.

The properties will be sold together because of the significant increase in construction yield when finally developed.
There are two well maintained buildings on the land, both with leases that are due to expire in approximately 18 months.
Whoever buys 6 and 8 Kearns Crescent may not want to redevelop straight away and the current tenants maybe open to a new or extended lease.
Developers wont need to look very far to work through their feasibility.
The recently completed Matheson development at 22-24 Kearns Crescent and now with Eden on Riseley nearing completion, the area is a proven performer for apartment sales with both developments being hugely successful.
Significantly, 6-8 Kearns Crescent have laneway access at the rear which provides for a myriad utilisation and design options when it comes to redevelopment.
Salt Property Group are proud to present this brilliant opportunity to secure a prime development site within the Riseley Centre Structure Plan.

Features include:
- 1,607sqm of land
- Two commercial buildings on two separate titles
- Develop now or landbank for the future
- Stunning views from mid to upper level apartments
- High density residential in commercial retail stronghold

Please contact Glen O'Brien on 0418 923 123

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