The deserted Midway Taxi rank in Perth’s north west Mount Hawthorn has sold to a local developer.
At 387 Oxford Road, the 2914 square metre site attracted half a dozen offers following a six week private sale campaign.
Burgess Rawson’s Chris Tonich and Luke Randazzo represented Midway Taxi Management which has owned the property since 1985, but not occupied it for years.
The land was marketed to developers – zoned District Centre, it can be replaced with a five-storey apartment complex with ground floor retail that can be strata titled and sold.
It also includes an 1847 square metre office warehouse with car access off a wide rear laneway which could be extended and refurbished as a commercial asset.
Six kilometres from the city, 387 Oxford Street is within a retail strip, near buses, Graham Farmer Freeway, The Mezz shopping centre and entertainment precincts at Leederville.
Health practices are within walking distance, the agency added.
The former taxi rank carried a price guide of more than $5 million when it hit the market.