We've listened to the market, heard the feedback and are pleased to advise a significant reduction in the asking price of this leased investment/redevelopment property at 358 Oxford Street in Leederville, to a land-value equivalent' price if you act quickly.
The site is an elevated, rectangular-shaped block with a total land area of 890sqm, with rear access via Right of Way and approximately 20m frontage to Oxford Street.
The improvements consist of a 225sqm character-cottage that has been converted to a commercial accounting and auditing practice, with 6/7 offices (plus kitchen and staff amenities) and an additional storage garage/building of approximately 49sqm at the rear.
The property is located on the eastern side of Oxford Street in Leederville, approximately 4kms from the Perth CBD and within easy walking distance to both Leederville and Mount Hawthorn town centres. The area is currently evolving with the original buildings gradually making way for a mixture of stylish and contemporary commercial and residential multi-storey developments.
Governed by the City of Vincent Town Planning Scheme No. 1 and Local Planning Scheme No. 2, the property is zoned Commercial' within the Mount Hawthorn Centre (2) precinct.
There are many possible uses for this property that should appeal to owner-occupiers and developers alike, including offices; consulting rooms; convenience store; lunch bar; liquor store; restaurant/café; shop with additional discretionary uses such as child care premises; aged persons dwellings; mixed-use multiple (residential) dwellings; medical centre and veterinary practices also possible, subject to council approval.
To obtain an Information Memorandum or arrange an inspection, please contact the listing agent.