Prime Development Opportunity!

SOLD

87 & 89 Guildford Road

Mount Lawley WA 6050

Development

FOR SALE

1652m2

Offers Invited campaign closes 2.00pm (WST), Wednesday, 14 April 2010.

- Large development site on high profile location
- Total land area 1,652m²
- Holding income
- Various redevelopment commercial or residential possibilities

Introduction:
Burgess Rawson is please to offer 87 & 89 Guildford Road, Mt Lawley for sale by ‘Offers Invited'. An opportunity to purchase a large land holding on a high profile location with excellent development possibilities.

Location:
The properties are situated on Guildford Road offering easy access to the Perth CBD, freeways and the Mt Lawley cafe strip.

Legal Description:
87 Guildford Rd - Lot 573 on Plan 2165 on Certificate of Title Volume 1413 Folio 209.
89 Guildford Rd - Lot 572 on Plan 2165 on Certificate of Title Volume 1997 Folio 653.

Zoning:
The City of Bayswater advise that the property is zoned ‘Special Purpose' with permitted uses that include Residential R50, office and consulting rooms.

Land Details:
Total frontage to Guildford Road - 41m²
Total land area - 1,652m²

Improvements:
87 Guildford Road
Single level character office comprising of reception, eight offices, kitchenette and male/female amenities. Approximately 205m² NLA.

89 Guildford Road
Single character office. Aproximately 103m² NLA.

Tenancy:
The buildings are currently leased until September 2010. Refer to agent for details.

Sale Conditions:
The property is offered for sale by ‘Offers Invited' closing 2.00pm (WST) Wednesday, 14 April 2010. Offer documentation is available from the selling agent. Offers are to be lodged in the tender box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.

Closing Date:
Wednesday, 14 April 2010 at 2.00pm (WST)

Goods & Services Tax:
The sellers have advised that they are not required to be registered for GST and no GST is payable on this transaction.

Further details or to arrange an inspection contact:
Shane Isaacs
0408 883 987
sisaacs@brwa.com.au