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352 Cambridge Street Wembley WA 6014

  • Development / Land
  • 1,032 m²
  • For Sale, $3,250,000 (Going Concern)

Inner Western Suburbs Development with DA approval and Holding Income

    A premium boutique development opportunity prominently located at the intersection of Cambridge Street and Simper Street adjoining the iconic Wembley Hotel and International food court in the heart of Wembley Town Centre.

    Wembley is an affluent inner western suburb situated approximately 5 kilometres west of Perth CBD and 5 kilometres from City Beach.

    The property is fully leased providing a reasonable holding income prior to redevelopment.

    Improvements:
    A brick and tile retail/commercial development comprising of 4 tenancies with a total building area of 677sqm.

    Site Details and Zoning:
    • Area 1,032sqm
    • "Local Centre" (Precinct 4 - Wembley) under Cambridge Local Planning Scheme No. 1
    • The property is DA approved for a 5 level mixed use development comprising 34 multi dwellings and 2 commercial tenancies

    The property presents as an outstanding opportunity to immediately realise the sites full potential or to hold and reposition at a future date.

    For further information or to arrange an inspection contact:

    Brett Wilkins
    Ray White Commercial (WA)
    0478 611 168
    brett.wilkins@raywhite.com

    Luke Pavlos
    Lease Equity
    0420 880 880
    LukeP@lease-equity.com.au

    Brett Wilkins
    Ray White Commercial (WA)
    Brett Wilkins
    Ray White Commercial (WA)
    Luke Pavlos
    Lease Equity Pty Ltd
    Luke Pavlos
    Lease Equity Pty Ltd

    Property Highlights

    Property ID2016069198
    Floor Area677 m²
    Land Area1,032 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  7 Sep 2021
    Map for 352 Cambridge Street Wembley WA 6014
    Map for 352 Cambridge Street Wembley WA 6014352 Cambridge Street Wembley WA 6014
    Brett Wilkins
    Ray White Commercial (WA)
    Brett Wilkins
    Ray White Commercial (WA)
    Luke Pavlos
    Lease Equity Pty Ltd
    Luke Pavlos
    Lease Equity Pty Ltd

    Property Highlights

    Property ID2016069198
    Floor Area677 m²
    Land Area1,032 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  7 Sep 2021
    Ray White Commercial (WA)
    Ground Floor, 12-14 The Esplanade Perth WA 6000
    Brett Wilkins
    Ray White Commercial (WA)
    Brett Wilkins
    Ray White Commercial (WA)
    Luke Pavlos
    Lease Equity Pty Ltd
    Luke Pavlos
    Lease Equity Pty Ltd
    Brett Wilkins

    Brett Wilkins

    Ray White Commercial (WA)

    Luke Pavlos

    Luke Pavlos

    Lease Equity Pty Ltd

    0478 *** ***
    0478 611 168

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