108 Stirling St, Perth
Bought: $3,050,000
Sold: $7,550,000

 Located on the Eastern CBD fringe, the property is a prominent corner development site with 1660sqm of office NLA which is currently leased to the State Government. Envisaging the excellent growth potential of the site and future redevelopment of the area saw the property realise a record sales price for the precinct on a cost per square metre sale price.

2 Hawthorne Place, Burswood
Bought: $1,250,000
Sold: $13,700,000

Located in fringe CBD suburb of Burswood, the property is a landmark development approval for the local precinct. Through intensive negotiations with the local Council and successful appeal at the State Administration Tribunal, the site and development approval which includes an iconic 12 storey tower, was onsold to a local consortium.

177 Planet Street, Carlisle
Bought: $692,000
Sold: $2,300,000

Located in south eastern suburb of Carlisle, the 4780sqm site consisted of 265sqm office and 2100sqm warehouse. Identified as an undervalued precinct, the property was sold fully leased to a local investor with shareholders realising significant gains.

8 - 1 4 Forster Ave , Lathlain
Bought: $1,100,000
Sold: $3,250,000

Located in a near CBD suburb and within a sought after growth corridor, the property consisted of 5 single lots zoned for triplex development. Extensive negotiations with the local council, amalgamation of the lots and acquisition of unused council land saw the site rezoned to allow for a 34 unit luxury townhouse development. Centrally located to public transport, the CBD and shopping centres, the site was on sold to a local builder.

58 Jupiter St, Carlisle                                      

2 adjoining triplex sites were amalgamated to allow for 7 grouped dwellings to be developed. Each consisted of 3 bedrooms, 2 bathrooms,open living and a double lock-up garage with an excellent value for money level of fitout. All were sold within 2 months of marketing with investors reaping significant returns above 20%.

Gross Value - $3,700,000

20 - 32 Harris St, Carlisle

House and land packages were developed on an in-fill development site only 7 km from the CBD. State City Investments specifically targeted the First Home Buyer market at the time with the result being all dwellings sold out prior to completion.

Gross Value - $5,350,000