567 Newcastle Street, West Perth, WA

For Sale | $4,300,000 (Going Concern)
Development

Refurbishment / Repositioning Opportunity

MMJ Real Estate (WA) as exclusive agents are proud to offer this generational opportunity to the market for sale.

Key Features:
+ 2,479sqm* freehold land
+ 2,205.1sqm* (NLA) improved office/warehouse
+ Strong holding income

+ Anchor ASX listed tenant who are in discussions to lease up to 55% of the premises
+ Strong future development potential
+ Corner block with 3 street frontages
+ Build up to 7-storeys*

+ Capitalise on a prime location nearby to an approved Mixed Use development which will incorporate a new Bunnings store
+ High growth corridor
+ Ample onsite car bay allocation

Lease Details & Floor Plans
Can be supplied on request

Zoning
The subject property is zoned 'Commercial' within the City of Vincent's Local Planning Scheme No 2. The property has a 6-storey development potential STCA**.

Asking Price: $4,300,000 (Going Concern)

For further information or to arrange an inspection please contact Chris Geers.

Key Features
Property Type
Development
Car Spaces
35
Building Size
2,205.1 sqm
Land Size
2,479 sqm
Property ID:
9P0861
Contact Agents

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Office: MMJ Real Estate, Perth
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