19 Veal Street, HOPETOUN WA 6348
$880,000 - $990,000
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- Retail, Offices
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- 7 Nov 2016
Potential to Develop at Rear plus, 3 in 1 Business Centre
This fabulously prime positioned commercial site in a waterfront precinct, is to be sold with three tenanted leases, (short term, long term plus options) in place.
Hopetoun is a burgeoning seaside township on the south west coast of Western Australia located between the major townships of Albany and Esperance.
Set on a 1012sqm block of land and ideally located with direct ocean front views this property has many potential options of how to benefit the existing businesses, or to develop or create additional business or residential value. Access can be created to service the rear block two different ways, either use the lane way at the rear or create a "battleaxe" situation creating an access driveway off of Veal Street.
The lot currently contains a commercial property which can be retained and have all 3 of its current leases/tenants retained at sale. While the rear block can be developed as either.
2. Residential up to R50 and 10m height (subject to council approval)
3. A mix of Commercial/Residential (create a ground floor business and have lofts built on top)
The 3 businesses currently leasing 19 Veal Street are;
-Real Estate Office
Hopetoun is one of the most beautiful seaside towns in WA. Imagine being on a permanent holiday with lots to do, scenic golf club, bowling club, gun club, tennis courts, and skate ring for the children, hotel, tavern, accommodation, local doctor, and chemist, Hopetoun also has an airport with virgin airlines accommodating local residents and Fifo/Mine workers.
Fitzgerald national park is one of Australia's best kept secrets. People come from far and wide to visit the wildflower shows each year. State government has spent $40 million in the area and Hopetoun is lucky to have it right at their door step.
All details are available upon request do not hesitate to call Terry Pinker on 0414 452 790
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
19 Veal Street HOPETOUN