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361 & 365 Newcastle Street
Northbridge WA 6003
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361 & 365 Newcastle Street Northbridge WA 6003

  • Offices
  • For Sale, Please contact agent

Prime City Fringe Investment with Development Upside

  • Site area- 1,258sqm*
  • Corner Site
  • Retail/Warehouse Use

Colliers is pleased to offer for sale 361 & 365 Newcastle Street, Northbridge. A rare opportunity to acquire a leased character building in a tightly held city fringe location with future redevelopment potential.

A superb opportunity for an investor to acquire a leased asset, owner occupiers that may occupy the improvements at the conclusion of the leases or property developers to create a landmark mixed use development capitalizing on its significant land holding and generous development guidelines.

The properties are situated at the west end of the Newcastle Street approx. 50 meters from the Fitzgerald Street intersection offering prominent exposure to passing traffic and are surrounded by great amenity and easy access to the heart of Northbridge, the Perth CBD, public transport, and freeway entry/exits.

The properties are leased with a combined current rent of $138,155pa. Please refer to the selling agents for further information.

Land Details*
361 Newcastle Street - 304sqm
365 Newcastle Street - 958sqm
Combined Land Area 1,258sqm

Improvements
The properties consist of two single level, open plan character buildings refurbished with on site parking.

Zoning
The City of Perth advise that the properties are located within the Northbridge 1- Russell Square precinct and are subject to the following design guidelines-

Plot ratio- 2.0 : 1.0
Height limit- 3 storeys up to 12m

Heritage
365 Newcastle Street is listed on the City of Perth Inventory list.

Method of Sale
The properties are offered for sale by Offers Invited and may be purchased together or individually.

For further information or to arrange an inspection, please contact the selling agents

Property Highlights

Floor AreaAsk Agent
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2018760808
Category
Last updated  28 Feb 2024
Map for 361 & 365 Newcastle Street Northbridge WA 6003

Property Highlights

Floor AreaAsk Agent
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2018760808
Category
Last updated  28 Feb 2024

Co-Agents

Shane Isaacs
Shane Isaacs
Colliers Perth
Call
0408 883 987
Aidan Austen
Aidan Austen
Colliers Perth
Call
+61 488 344 676

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Property FAQs

The agent has not listed a sale price for 361 & 365 Newcastle Street Northbridge WA 6003. Contact the agent for a price guide.
The floor area for 361 & 365 Newcastle Street Northbridge WA 6003 has not been specified. For more information about the floor area, contact the agent.
Yes, there is on-site parking space available at 361 & 365 Newcastle Street Northbridge WA 6003.
361 & 365 Newcastle Street Northbridge WA 6003 is currently vacant.
The property highlights for 361 & 365 Newcastle Street Northbridge WA 6003 are 'Site area- 1,258sqm*', 'Corner Site' and 'Retail/Warehouse Use'.
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