Colliers is pleased to offer for sale 309-311 Fitzgerald Street, West Perth. An exceptional opportunity to purchase a securely leased investment on a landmark position in one of Perth's most sight after city fringe locations.
The Opportunity 309-311 Fitzgerald Street, West Perth is perfect for the investor seeking passive, steady income from a global tenant with attractive rent reviews providing solid rent increases during the term of the lease. The property also provides future redevelopment potential to capitalize on its prime corner location with three street frontages, large land holding and superb location.
Tenancy The property is leased to fuel and convenience giant, Chevron with a current rent of $318,069pa*. Please refer to the selling agents for further information.
The Location The property is situated on a high exposure location on the prominent Fitzgerald and Vincent Street intersection just 1.5kms from the Perth with over 22,000* cars passing per day. The property also offers access to public transport, freeway access and the North Perth and Mt Lawley cafe/retail precincts.
Land Details Land area- 1,077sqm Frontage to Fitzgerald Street- 32.58m Frontage to Vincent Street- 29.02m Frontage to Eden Street- 19.69m
Zoning The City of Vincent advise that the property is zoned "Commercial"
Height Limit: 6 storeys*
Sale Details The property is offered for sale by Expressions of Interest closing 2.00pm (WST), Wednesday 6th December 2023.