Belmont Ave, Belmont                                                                          

Bought: $7,000,000 

Sold:     $7,824,000

Identified as one of the few remaining significant landholdings with Belmont Ave frontage, a longterm lease to an ASX100 company saw the property generate an annualised return of 10.6% for 13 years.

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 was 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.

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.

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 repositioned, leased and sold with shareholders realising significant gains.

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 project consisted of the amalgamation of several lots to form an infill subdivision. Extensive negotiations with the local council, amalgamation of the lots and further acquisition of unused council land saw the site rezoned and onsold to a local developer.

Jupiter St, Carlisle                                      

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

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 - $4,350,000