Chance to clean up at prime Beau­fort Street lo­ca­tion

Western Suburbs Weekly - - Residential -

THE site of the old High­gate Dryclean­ers is set for re­de­vel­op­ment fol­low­ing Balti­nas Made’s ac­qui­si­tion of the prop­erty.

“We ac­quired this site, which the lo­cal Chal­lis fam­ily has owned since the 1950s and run the land­mark High­gate Dryclean­ers for 67 years, and now we have de­vel­op­ment ap­proval to sub­di­vide it into four green ti­tle de­vel­op­ment lots,” founder Barry Balti­nas said.

“The first phase of the project in­volves putting 545 Beau­fort Street up for sale while we gather reg­is­tra­tions of in­ter­est in or­der to fi­nalise plans for de­vel­op­ing the re­main­ing lots – 539, 541 and 543 Beau­fort Street, 539 be­ing the cor­ner site.”

The 232sq m lot at 545 Beau­fort St High­gate was priced at $1.495 mil­lion.

Mr Balti­nas said he ex­pected a small de­vel­oper or owner-oc­cu­pier to buy the site, which had Beau­fort street frontage and rear ac­cess.

“A four-level mixed-use de­vel­op­ment in­clud­ing a pent­house, Airbnb-ap­proved apart­ments and shop or of­fice space is the most likely plan for this block but it’s def­i­nitely flex­i­ble,” he said.

“One pos­si­bil­ity is that it could be a per­fect op­por­tu­nity for a down­siz­ing cou­ple to se­cure them­selves an in­cred­i­ble home in a sought-af­ter lo­ca­tion, and si­mul­ta­ne­ously cre­ate busi­ness in­ter­ests to fund their re­tire­ment and life­style.”

Mr Balti­nas said a buyer could opt to em­brace one of Balti­nas Made’s vi­sions for the site, which in­cluded four dif­fer­ent de­signs for the four lots, or de­velop their own ap­proach.

“The en­tire lot is a prime piece of Perth real es­tate and we could have just built a typ­i­cal apart­ment block there but re­search glob­ally shows that cre­at­ing smaller build­ings on a site like this has many ben­e­fits,” he said.

“What it of­fers are more af­ford­able ten­an­cies, more vi­brant and health­ier com­mu­ni­ties, and a more en­gag­ing ac­ti­vated streetscape.” ■.

An artist’s im­pres­sion of Balti­nas Made’s po­ten­tial Quar­ters de­vel­op­ment.

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