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Sold on 11 Aug 2020

7 Cleaver Street West Perth WA 6005

  • Development / Land
  • 2,723 m²
  • Sold

PRIME REDEVELOPMENT OPPORTUNITY IN A TRANSFORMING PRECINCT

  • Prime inner-city location
  • Dual Street frontages
  • Mortgagee in possession sale

7 Cleaver Street presents an outstanding opportunity to acquire a strategically positioned redevelopment site, located on the doorstep of the CBD in the transforming West End Arts Precinct.

The Opportunity:
Comprising 1,693sqm* of office and warehouse situated on a significant 2,723sqm* site, the property boasts 25 onsite car bays and benefits from extensive 53m frontages to Cleaver and Tandy streets. The property will be sold with vacant possession.

Zoning:
Zoned Commercial, the property is well suited to a variety of ongoing and future uses, with redevelopment potential up to 7-storeys. Permitted uses include office, shop, bulky goods showroom, consulting rooms, serviced apartment, trade display and cinema/theatre.

Optional Print Press Equipment Included:
Buyers also have the option to purchase the property with a KBA Rapida 10 colour print press and associated equipment included.

Below we highlight key property features:
- Significant 2,723sqm* land parcel
- 1,693sqm* of warehouse and office improvements
- 25 secure onsite car bays
- Flexibility to occupy, invest or redevelop
- Superb exposure from dual 53m* street frontages
- Close proximity to Leederville, Northbridge and the Perth CBD
- Immediate access to all 3 freeways and Loftus Street

The property is being offered for sale via offers to purchase invited, closing Wednesday 9th October 2019 at 3pm AWST.

For further information or to request the information memorandum, please contact the exclusive selling agents CBRE.

approx*

Property Highlights

Property ID2015637346
Date Sold11 Aug 2020
Floor Area1,693 m²
Land Area2,723 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  12 Jan 2021
Map for 7 Cleaver Street West Perth WA 6005
Map for 7 Cleaver Street West Perth WA 60057 Cleaver Street West Perth WA 6005
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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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Property Highlights

Property ID2015637346
Date Sold11 Aug 2020
Floor Area1,693 m²
Land Area2,723 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  12 Jan 2021
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

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