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353 Cambridge Street Wembley WA 6014

  • Shop & Retail
  • 2,258 m²
  • For Sale, Offers Invited

'Wembley Central' - Investment Development Opportunity

    Ray White Commercial (WA) & Lease Equity are proud to offer an exceptional opportunity to acquire 353 Cambridge Street, Wembley, Western Australia ("Wembley Central").

    Wembley Central is superbly located with great frontage to Cambridge Street directly opposite the Wembley Hotel within the Wembley Town Centre.

    The buildings and multiple tenancies provide strong cash-flows whilst future development plans are prepared.

    The property comprises a mixed use, retail/commercial development known as "Wembley Central", contained within two separate buildings.

    - Building Area: 2,258sqm*
    - Land Area: 2,926sqm*
    - Significant Wembley Town Centre Asset
    - AAA Location directly in the heart of Wembley, opposite the renown Wembley Hotel
    - 4.5 Star NABERS Energy Rating
    - Diversified Tenancy Mix comprising local, national and international tenants.
    - Opportunity to redevelop up to 5 Storeys (Subject to Council Approval)
    - Value Add through new lettings and tenancy restructures
    - Favourable "Local Centre" zoning providing flexibility with development use and tenancy mix
    - High quality improvements with good parking ratios attractive to the tenants and visitors to the sites.

    Wembley Central is located within the established, inner western suburb of Wembley, a distance of approximately five kilometres slightly north west of the Perth Central Business District.

    The property is situated to the southern side of Cambridge Street in the heart of Wembley, directly opposite the Wembley Hotel, approximately 100 metres west of the intersection of Cambridge and Jersey Streets.

    Cambridge Street is a major arterial road providing direct access between the affluent suburb of City Beach and the Perth CBD.

    For further information or to arrange an inspection please contact:

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

    Luke Pavols
    Lease Equity
    M: 0420 880 880
    E: lukep@lease-equity.com.au

    *approximately

    Property Highlights

    Property ID2013900020
    Floor Area2,258 m²
    Land Area2,926 m²
    Energy4.5-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  21 Feb 2020
    Map for 353 Cambridge Street Wembley WA 6014
    Map for 353 Cambridge Street Wembley WA 6014353 Cambridge Street Wembley WA 6014
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2013900020
    Floor Area2,258 m²
    Land Area2,926 m²
    Energy4.5-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  21 Feb 2020
    Ray White Commercial (WA)
    Ground Floor, 12-14 The Esplanade Perth WA 6000

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