5/16 Irwin Street Perth WA 6000
- 257 m²
- For Sale, NEW PRICE $995,000 + GST (if applicable)
Historic Heart of the City. Commanding corner position.
The opportunity to acquire high profile CBD property in direct proximity to the Courts is rare.
Total area of the lot as recorded on the strata plan is 268m2*. This area comprises 257m2 of office accommodation and 11m2 for the car bay.
The lot is positioned on the north-west corner of the building allowing for excellent natural light penetration into the many spacious offices. The commanding view of the Court precinct from this level one offering also provides for an outstanding perspective of this historic and very important location.
"Irwin Chambers" is an integral part the beating heart of Perth's legal precinct. Positioned directly opposite the District Court and the Magistrates Court, close to the Supreme and Federal Courts, within a short distance of the new Supreme Court and the new premises of the State Administrative Tribunal. This building has long been a preferred position for legal professionals and associated activities.
Covering a sizable portion of the level 1 floor plate Lot 5 is currently utilised as follows:
• Reception area
• 8 spacious offices
• 2 small offices
• Printer room
• Board room
• Multi-purpose area (training/archives/conferences)
The current owners occupy several rooms and have issued licenses for several others creating an attractive income stream. Contact the agent for income information. Many of these licenses have been in place for some years. Whilst the property is being sold on a vacant possession basis there may be opportunities to continue with some or all of the licenses should this suit a new owner and the Licensees.
The existence of a car bay on title adds to the income stream of the property or to the convenience for an owner.
16 Irwin Street is surrounded by the Mercure Hotel, Kings Hotel and the world class Westin. Operated by Starwood Hotels, the Westin and moreover 'Hibernian Place' sits directly across the road from Irwin Chambers and is the latest Perth City 5 star hotel adding 350 rooms to the metropolis of accommodation offerings. Hibernian Place has transformed this area having now become a highly regarded stand-alone dining precinct.
As part of your assessment of this outstanding offering, we encourage you to seek appropriate legal and financial advice accordingly.
The lots at Irwin Chambers are tightly held. We recommend you contact the selling agent to discuss your interest without delay.
|Floor Area||257 m²|
|Land Area||268 m²|
|Energy||0-star NABERS Energy rating|
|Annual Return||Ask Agent|
|Last updated||26 Dec 2019|