Excellent location in fast developing area
Multi storey development site zoned R60/80
Site area 597sqmFrontage 14.08metres
Quality character office with holding income
Stand alone single level character office with estimated net lettable area of 175 sqm. Internal office consists of 7 good size offices, boardroom, male & female W/C's, kitchen plus 5 under cover carbays and hardstand. Access to rear by driveway on eastern side of building.
The property is currently leased until 31st August 2016 at approximately $68,400.00 plus GST and outgoings per annum. The lessee has a further extended 1 year term commencing on 1st September 2016, with the review to market on exercising this extended term.
South Perth is highly sought after and this property is 400 metres from the Swan River, faces North and the Post Office is only 400 metres from the front door. If you would like to go to the Perth CBD by ferry it is only 800 meters to the jetty and Ferry Terminal.
The Perth CBD is only 2.7 km's away and is reached in minutes over the Narrows Bridge. If you or your staff want to walk or run, the footbridge to the extensive walk and cycle ways along the river edge is 600 metres. The site has brilliant future redevelopment potential to office - residential of approximately 6 - 8 storeys with council approval.
South Perth will be even more desirable as new developments proceed and properties like this harder to secure.
South Perth has a fabulous restaurant strip, Hotel and the Perth Zoo.
