254 Mill Point Road, South Perth, WA 6151
South Perth 1 Bedroom ICONIC RIVERSIDE LANDMARK, IN PRIME LOCALE!
Key Facts
ALL OFFERS PRESENTED BY 5PM AWST ON THE 25TH AUGUST 2026.
Some sites don't come around twice. Positioned on one of South Perth's most recognisable streets, 254 Mill Point Road offers a genuine opportunity to secure a landmark address, with the zoning, scale and outlook to back it up.
Zoned Local Centre and coded R60 with a permitted build height of three storeys (12m), the site supports a multi-storey development of up to six lots. The location speaks for itself. For a developer looking to increase the height, the outlook opens up to uninterrupted views across the city skyline and the Swan River, a rare combination this close to South Perth's café strip and foreshore.
The existing building carries genuine heritage value, with a facade the Council will expect any redevelopment to retain and build around while a full demolition is unlikely to gain approval. The opportunity here is for considered design that honours the building's character while reimagining what sits behind and above it, with rear laneway access offering scope for a practical, well-integrated build.
Given the Local Centre zoning, a purely residential scheme isn't likely to get across the line but that's part of what makes this site interesting. Council will expect a commercial element woven into the development, whether that's a boutique café, restaurant, or another use that adds to the street's character. For an established business looking to plant a flag on Mill Point Road, this is that chance.
Recently rented for approximately $92,000 p.a plus outgoings, the current building offers a sensational opportunity to invest or continue your business in the current primes.
For more information or to arrange a private viewing, contact the Jac Fear | Karen Firth Team today.
We look forward to welcoming you.
Council Rates | $6,317.90 pa
Water Rates | $2,006.67 pa
Single Holding Land Tax (2025/26), including the Metropolitan Region
Improvement Tax (MRIT) | $1,287.00 pa




