South Perth landmark site offered for sale with DA approval for world’s highest hybrid tower


April 2026
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South Perth landmark site offered for sale with DA approval for world’s highest hybrid tower

A premium development site at 4–8 Charles Street, South Perth is being offered for sale with development approval in place for C6, an ambitious hybrid residential tower positioned to become one of the most significant high-rise projects ever delivered in Western Australia. Once complete, the tower is expected to rival the stature and presence of Sydney's Atlassian Tower, the new headquarters being built using a similar hybrid methodology, establishing South Perth as a serious contender among Australia's landmark high-rise destinations. The development approval also comes with flexibility to deliver a more conventional build if required.

The opportunity represents a rare combination of scale, certainty and long-term upside in one of Perth’s most tightly held riverside precincts. Approved by the Metro Inner-South Joint Development Assessment Panel, the project is designed to redefine South Perth’s skyline while setting a new benchmark for sustainable apartment living.

C6 has been positioned as the world’s tallest hybrid timber residential tower, with a proposed 51-storey form, 237 apartments and a strong emphasis on public realm, resident amenity and environmental performance. Given the incredibly strong apartment price growth in Perth this opportunity presents as a compelling opportunity. The site also has immediate holding income through existing commercial tenancies. 

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The approved scheme also allows for a more conventional residential build, broadening the appeal for buyers seeking delivery flexibility. Whether pursued as the headline hybrid tower or adapted to a traditional apartment format, the site offers a compelling pathway for developers seeking a premium South Perth address with significant planning and market credibility.

Project highlights

  • DA-approved site at 4–8 Charles Street, South Perth.
  • Approved for the C6 hybrid residential tower.
  • Feasibility studies indicate the scheme stacks up strongly.
  • Flexible approval also permits a more traditional residential build.
  • Prime riverside location close to the CBD and lifestyle amenity.
  • Existing tenancy provides interim holding income.
  • Positioned to rival the Atlassian Tower in Sydney for stature and presence.

To view listing click here: https://www.developmentready.com.au/properties/6-8-charles-street-south-perth-wa-6151-249859

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