The arrival of the property to the market represents a truly unique opportunity for astute investors/owner occupiers to secure rarely available commercial accommodation, located within the ionic Perth Landmark Building, The Clock Tower.
More specifically, the offering comprises a strata lot of 123sqm* consisting of 110sqm* of floor plate area, ideally suited to retail use (current occupier is a picture framer) and one (1) secure undercover car bay (13sqm*) located at the rear of the premises.
Potential for one (1) year leaseback at $41,250, plus GST plus outgoings.
Property highlights include:
– Character features, including polished floor boards and high ceilings.
– Extensive frontage to Beaufort Street with twin shopfront, allowing for potential sub-lease opportunities^.
– Outstanding exposure to over 6.5million* vehicles per annum.
– Superb signage opportunities.
– Highly versatile and flexible Mixed Use zoning allowing for a variety of uses.
– Rapidly evolving precinct.
– Recognised and highly regarded Boutique Retail Strip.
The land use zoning afforded to the premises is Mixed Use Heritage Protection Area under City of Stirling Local Planning Scheme No. 3.
The use of a common ablution is afforded to the premise.
Outgoings 2021/2022
City of Stirling – $3,752p.a.*
Water Corporation – $1,210p.a *
Strata Levies (Administrative Fund and Reserve Fund)- $3,525.20p.a.* ($881.30 per quarter)
Special Maintenance Levy ( 6 instalments only commenced December 2020) -$3,590.70pa ( $598.45 per quarter ).
Surrounding businesses include a variety of commercial occupiers, including numerous café / restaurants, retail outlets, medical and childcare centres, complimented by multi-level residential developments. The property is located approximately 150 metres* from the new Aldi Shopping Centre Development and 450 metres* from the new Woolworths Shopping Centre Development.
For further information, please contact Franco Gangemi.
^STCA
*Approx.