Ray White Commercial WA is pleased to offer for Sale by Expressions of Interest the former "Rose Hotel", North Fremantle.
This charming character building has been substantially refurbished and fitted for medical consulting uses
The property is prominently situated on the Eastern side of Stirling Highway, being a short distance south of the intersection with Alfred Road approximated 2.5m for Fremantle CBD as is surrounded by affluent suburbs Mosman Park, Peppermint Grove, Bicton, East Fremantle and Palmyra
The property features multiple use flexibility to the ground level a basement, including Consulting rooms, training room, café/ wine bar and studio in addition to is specialised medical fit out to level 1.
22 car bays are located to the Stirling highway and the basement which has lift services to the upper trading areas.
The property is zoned R35 Neighbourhood Centre under City of Fremantle Local Planning Scheme No.4 The current use Medical Centre and Consulting Rooms are permitted uses.
Strata Lettable Areas:
• Basement - 209sqm
• Ground Level - 396sqm
• Level 1 - 343sqm
• TOTAL - 948sqm
Total Strata Area: 1,382sqm
Investment Highlights:
• Opportunity of owner occupy with majority of the premises is vacant
• Current Passing Net Income: $42,054 per annum
• Potential Fully Let Net Income: $207,644 per annum*
• Improvements substantially refurbished
• Specialised medical fit out to level 1 and fully fitted Commercial kitchen to ground level
• Able body access compliant
• Easily accessible
• Affluent Catchment
For further information or to arrange an inspection please contact the Agents:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com
Luke Pavlos
Ray White Commercial (WA)
M: 0408 823 823
E: luke.pavlos@raywhite.com
* approximate