119 Newcastle Street Perth WA 6000

Colliers International is pleased to present for sale 119 Newcastle Street, Perth.
A superb two-level office building on the doorstep of the Perth CBD. The perfect opportunity for the owner occupier to acquire a significant freehold building with future redevelopment potential* in this tightly held city fringe location.

Location
Ideally located on Newcastle Street opposite the picturesque Weld Square just a short 600m walking distance to the Perth CBD, Northbridge and offers easy access to freeways, public transport, and ample street parking. This is one of Perths sought after and vibrant inner-city locations.

Improvements
The property consists of a two level 476 sqm character office building and includes seven large individual offices, open plan office areas, reception, boardroom, large kitchen, and staff amenities on both levels plus archive and storage areas. There are 4 car bays located at the rear of the property. The perfect work environment for the growing organisation.

Tenancy Particulars
The property is leased with a current rent of $139,983 pa expiring on the 30th September 2021.
Please refer to the selling agent for further details.

Parking
4 onsite car bays

Land Details
Land area - 369 sqm
Frontage to Newcastle Street - 13.44m

Development Guidelines*
Plot ratio- 3.0:1 plus bonuses
Height limit- Maximum 40m

Asking Price
Offers Invited.

For further information or to arrange an inspection, please contact Shane Isaacs on 0434 659 911