The arrival of the property to the market provides astute investors and/or owner occupiers with an opportunity to procure an appealing, versatile and conveniently located, freehold asset, located within arguably one of Western Australia’s most desirable, affluent and established western corridor precincts.
Investment Highlights:
– 304 sqm* of freehold land
– 100sqm* of character improvements
– Character features, including polished floorboards and high ornate ceilings
– Commercial and/or residential use
– Very desirable and flexible ‘Centre’ zoning
– 6x Onsite car bays
– Adjoins Public Carpark
– Superb connectivity to major transport networks
– Proximity to an abundance of local amenity and lifestyle destinations including parks, recreational facilities, shopping and entertainment outlets
– Surrounded by mixed use developments
– Convenient location only 4km directly west of Perth CBD
– Rear ROW providing versatility for future development
– Extremely sought after and tightly held precinct
Location:
The property is strategically located within the established and highly regarded suburb of Subiaco, 4km* west of the Perth Central Business District.
More specifically the property is positioned on the southern side of York St, some 75 metres* from the intersection with Townshend Road. York Street is a thoroughfare which runs parallel with Hay Street and extends from Hamilton Street in the east, to Catherine Street into the heart of the renowned Rokeby Road retail and entertainment precinct. The property benefits from excellent proximity and connectivity to numerous major networks, including the West Leederville and Subiaco Train Stations and numerous Transperth Bus routes. Notable destinations in proximity to the property include St John of God Hosptial and adjoining McCourt St Medical Specialist precinct located 1km* from the property, Bob Hawke College located 200metres* from the property and the Rokeby Road retail/entertainment and hospitality strip located 1km* from the property.
Property Details:
The offering comprises a single level character building, situated toward the front of the site. The building is constructed of predominately rendered brick elevations (with some fibro sheeting on rear elevations), metal deck roof and wooden flooring.
Whist the property has been used as medical consulting rooms and is configured accordingly, the versatile floorplate will accommodate a variety of alternative commercial uses, in addition to residential accommodation.
Typical finishes consistent with the age and character of the building, are featured and include high ornate ceilings, large rooms, decorative architraves and fireplaces. The building has reverse cycle ducted air-conditioning and alarm.
Overall, the property has been well maintained and presents as a neat and tidy offering.
The property is complimented by a predominately bitumen finished rear parking area, which can accommodate 6 car bays and can be directly accessed from the rear of the building. The adjoining public car park, to which the property abuts, provides additional parking for visitors to the property. There is also an abundance of free street parking.
Zoning:
185 York Street is zoned ‘Centre’ under the City of Subiaco Local Planning Scheme 5. The zoning allows for a variety of uses, including both commercial and residential, and proponents must make their own inquiries with relevant authorities in respect of their proposed use.
Tenancy Details:
The property is offered with Vacant Possession, providing potential owner occupiers with immediate availability to commence trading or reside.
Statutory Outgoings 2022-2023*:
City of Subiaco Council Rates -$4,123.63*
Water Corporation- $1,532.89*
Office of State Revenue Land Tax – $1,794^^
For more information, or to arrange an inspection, please contact the Exclusive Selling Agent.
*Approx.
^STCA
^^Single Ownership
