25 Lacey Street

Rare City-Edge Block - Design Your Future in Perth's Vibrant Heart

A rare opportunity to secure a 304 sqm street-front block in a tightly held inner-city precinct, just minutes from the Perth CBD. Zoned Mixed Use (R80), this site offers outstanding flexibility – ideal for those looking to build, invest or redevelop in one of Perth’s most connected and evolving areas.Currently improved by a workshop/garage leased at approximately $21,000/year, the property provides valuable holding income while you finalise your plans.

Architectural renders and concept plans have already been prepared (see listing), showcasing the site’s dual-lot subdivision – allowing you to visualise the transformation from day one.

Highlights
•304 sqm landholding – Mixed Use / R80 zoning
•Plans and 3D renders available for immediate inspiration
•Potential for two lot subdivision & two-storey development (STCA)
•Existing workshop with income in place (~$21,000 p.a.)
•Building area approx. 89 sqm, brick walls and iron roof
•Walk to East Perth Station, Optus Stadium, and the Swan River
•Minutes to CBD, Crown, cafés, restaurants, and amenities

Whether you’re an owner-occupier dreaming of a city-fringe lifestyle, an investor seeking income and growth, or a developer ready to capitalise on pre-prepared plans, 25 Lacey Street represents one of those rare, low-risk, high-potential sites that seldom come to market. Perfectly positioned between Perth’s urban core and the Swan River, this property offers versatility, convenience, and strong long-term upside.

Outgoings (paid in addition to the rent by the current commercial tenant):
•Council Rates: Approx $2,685 per annum
•Water Rates: Approx $1,745 per annum

Disclaimer: All information provided is for general guidance only and is based on details from the Seller and relevant local authorities. While every effort has been made to ensure accuracy, we cannot guarantee it, and details may change. Buyers are encouraged to conduct their own independent enquiries before making any decisions.