The arrival of the properties to the market provides an exceptional opportunity for astute investors and/or owner occupiers to acquire contemporary, presentable and versatile commercial accommodation, located on Perth CBD fringe, at very affordable pricing as a viable alternative to the much pricier inner CBD.
The offering comprises two (2) adjoining strata units, each of 47sqm*, which have been amalgamated, by way of a doorway opening through the strata wall, providing a total floorplate area of 94sqm *. The properties are offered with one (1) undercover car bay per unit, use of which is afforded via strata owners’ agreement.
Investment Highlights:
– Convenient CBD fringe location
– Located in established and highly regarded high density mixed-use precinct
– Predominantly open plan floorplate, providing for flexible and cost effective fit out options to suit a variety of uses
– Exclusive toilet to each unit and shower (Unit 17)
– Two elevators servicing complex
– “Bite size” very affordable entry level offering into commercial accommodation arena
– Attractive and cost-effective alternative to much pricier inner CBD, offerings
– Ability for immediate occupation
– Ideal purchasing conditions with flexibility and choice of purchasing one or both of the adjoining units, to create a larger footprint (ideal for future expansion)
– Occupy one unit and derive income from leasing the other
– Pure non-residential and secure complex
– Very tightly held precinct
– Excellent local amenity
– Leafy & tranquil thoroughfare with abundance of street parking
– Very short walk to Kings Park
– Superb connectivity to major transport networks, including CAT bus service
Units & Complex:
The units are located within a pure (no residential) 4 level, commercial complex and positioned on the 4th floor. The complex accommodates a variety of commercial service providers, including office, medical, financial, and numerous other practices. Access to the units is by way of both elevator and stairwell. Both properties benefit from numerous attributes, include but not limited to commercial grade floor coverings, reverse cycle air-conditioning, internet, in-tenancy toilet and shower (shower to Unit 17 only) and the use of a communal kitchen, one of which is located on each of the floors- please refer to attached floor plan for tenancy configuration.
Whilst both units are approved for office accommodation and have been utilised accordingly, the prevailing flexible zoning and floorplate configuration may well support a variety of alternative uses^
Location:
The properties are conveniently located within the eastern sector of West Perth, a precinct supporting numerous multi-level complexes which are accommodating predominantly office and medical occupiers. Further the complex is located virtually 200 meters* from Parliament House, accounting for the large number of government and semi government agencies, which can also be found in the immediate precinct. The properties benefit from excellent accessibility to major transport networks and to the adjoining commercial precincts Subiaco, West Leederville, Nedlands and of course, the Perth CBD. With immediate proximity to numerous eateries and open space, the properties superb locational attributes are beyond question.
Zoning:
The City of Perth notes the property as zoned “Commercial “ within the West Perth Precinct under the City’s Planning Scheme No 2. Whilst the zoning allows for a variety of commercial uses^ , proponents must make their own inquiries regarding permitted uses and zoning confirmation.
Outgoings 2024-2025*:
City of Perth Council Rates- $1,490.35pa (Unit 17)
and $1,464.75pa (Unit 18)
Water Corporation -$1,600pa per unit
Annual Strata Levies -$5,270pa per unit (includes DOT Car Bay Levy of $1,189pa*- levies are payable in monthly instalments of $439*)
For further information and or to arrange an inspection, please contact the exclusive selling agent Franco Gangemi.
*Approx.
^ Subject to council approval
