Plans have been filed for an eight-storey mixed-use project in Rivervale in Perth's inner east.
The tower, proposed by Ebizco Australia and which would comprise residential and short-stay serviced apartments, is due to be assessed by the Metro Inner-South Joint Development Assessment Panel at its January 18 meeting.
Ebizco Australia owns the the vacant 2733sq m site planned for the tower.
Corelogic property records show that Ebizco Australia bought the site in July 2021 from Bright Corporation for $2.8 million.
The proposed plans include 46 serviced apartments for short-stay guests, 43 residential apartments and a restaurant.
There would also be a communal pool and gym on the first floor for residents and a communal terrace on the same floor for the serviced apartment guests.
Plans include 104 car parking spaces across the basement and ground floors plus a loading bay on the ground floor.
Rechitects Architecture and Design designed the plans and the development cost of the project is estimated at $11.3 million, according to City of Belmont documents.
ASIC records show that Troung Viet Phan is Ebizco’s director with Thi Thu Van Nguyen listed as secretary and joint shareholder.
The City of Belmont has experienced an increase in development interest including Finbar filing plans for a 19-storey residential tower.
Across Perth and the Peel region, the state government has released land for development as it tries to curb urban sprawl and incentivise people to look to apartment living.
Encouraging developers to build up instead of out would also help cut costs associated with building and running metropolitan train and bus services to service emerging commuter suburbs.
The WA government has just opened a $1.87-billion train line to Perth Airport.
