Lot 49 on Walter Road West in Dianella is an unparalleled opportunity to buy what will eventuually be the landmark site and Development in the Walter Road Neighbourhood Centre. The site, Zoned Local Centre, has frontage to Walter Road of 30.6 metres (approx.) and frontage to Cleveland Street of 94 metres (approx.).
The Walter Road Neighbourhood Centre Local Development Plan was adopted by City of Stirling in 2020 and is the guiding plan for the area as it stragically transitions from traditional light industrial uses to a commercial and residential mixed-use precinct. Serious buyers need to refer to this document available for download from City of Stirling web site.
This particular site has a 5-storey height limit and will accommodate both commercial and residential uses. A wonderful location for modern apartment living as well as vibrant commercial tenancies in a precinct that is likely to be a drawcard location for coffee shops and restaurants, small bars, offices and a variety of small businesses along Walter Road - all supported by increased population density throughout the precinct.
The increased population in this precinct is going to need local stores such as Aldi, IGA, Dan Murphy's, Pharmacy, fast food outlets etc. With vision, foresight and imagination any or all of these types of businesses could be your foundation ground floor tenants. These types of businesses will want to locate here at a prominent corner. Build it and they will come!
A corner site of 2808m2 (approx.), the existing easement over Lot 49 provides for a right-of-way at the rear of the property and this right-of-way will be retained into the future.
Your Sales Representative marketing this property for House Proud Realty is Peyal Jayatilaka. Peyal can be reached on 0412 244 868 for discussions about this amazing opportunity. Remember: We can only sell it once. The opportunity to acquire this site for development or investment is available now, There is no other equivalent site available in the development precinct. In a word: Unique.
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