The arrival of the property to the market provides discerning owner occupiers and/or investors with a rarely available opportunity to acquire a freehold landholding with functional improvements, strategically located approximately 2km’s West of the Perth CBD.
Investment grade assets of this ilk are extremely difficult to source within the West Leederville Commercial Precinct.
11 Southport Street supports improvements of circa 330m2* comprising predominantly ground floor warehouse accommodation of circa 230m2* and upper level offices of circa 100m2*. The building is set back from Southport Street some 13.5m* affording the property paved onsite parking.
Finishes to the ground floor warehouse component include a combination of partitioned offices, clearspan warehousing and twin ablution facilities. The warehouse benefits from an evaporative air-conditioning unit with reverse cycle wall mounted systems to offices. Access to the building is via a large glazed shop front.
The Town of Cambridge planning department has the property zoned as “Mixed Use” under their Local Planning Scheme No. 1. All proponents must complete their own enquiries with the Town of Cambridge in regards to preferred use, permits and height restrictions.
STATUTORY OUTGOINGS 2019/2020
Water Corporation (Service Charge) – $1,929.17*
Town of Cambridge (Rates) – $4,086.21
Office of State Revenue (Land Tax) – $2,004.95
West Leederville continues to be one of Perth’s preferred commercial precincts providing a central near CBD location, with superb accessibility to transport networks and local amenity, reinforcing the highly desirable attributes sought by occupiers and/or investors.
This property is being sold with vacant possession.
For further information, please contact Franco Gangemi on 0418 930 504.