- 20 Bronte Street, East Perth to be purchased by a private syndicate of local investors
- Old Perth Girls School and 20 Bronte Street to become an integrated mixed use development
A private syndicate of local investors led by Australian Development Capital (ADC), with a cornerstone investment by the Warburton Group have entered into a contract with the Department of Planning, Lands and Heritage to purchase 20 Bronte Street, East Perth. Last year, ADC/Warburton purchased the adjacent Old Perth Girls School property.
ADC/Warburton plan to develop the Old Perth Girls School and 20 Bronte Street as an integrated precinct, containing a mix of land uses potentially incorporating residential, retail, office accommodation and community space.
It is known that 20 Bronte Street was a cemetery during the early days of Perth and potentially hundreds of human remains are buried at the property. As a condition of the sale, ADC/Warburton must enter into a Heritage Agreement which will govern the remediation process and ensure exhumation and reinterment is conducted in an ethical manner.
The sale of 20 Bronte Street is expected to settle within the next 60 days.
Following settlement of the land sale, details of the sale, including the sale price, will be published on the Department of Planning, Lands and Heritage's website at http://www.dplh.wa.gov.au. Lists of Government land assets recently sold (including sale prices), properties currently for sale and those being prepared for market can also be found on the department's website.
Comments attributed to Lands Minister Rita Saffioti:
"With this land sale, 20 Bronte Street in East Perth, currently a vacant block of land, will find new life with the iconic Old Perth Girls School as a mixed use, residential, retail, office accommodation and community space.
"The buyers have extensive experience with similar redevelopment projects, including a number of heritage properties within the Perth CBD.
"The property development team has a strong understanding of the heritage values of the property, and will respect the building's history and heritage as part of the repositioning of the site as a residential, mixed use and community hub."
Minister's office - 6552 5500