Blue Chip Opportunity in Perth's Hottest Retail Location!!!

SOLD

515 Beaufort Street

Highgate WA 6003

Retail

FOR SALE

379m2

- Situated on the sought after Beaufort Street Cafe strip opposite The Queens Hotel, Mount Lawley
- Suit investor or future owner occupier
- Land area 379m²
- Zoned "Commercial"

Introduction
Burgess Rawson is pleased to offer for sale by Public Auction, 515 Beaufort Street, Highgate. A rare opportunity to purchase a leased investment property with a range of future uses on the highly sought after and tightly held Beaufort Street cafe strip.

Location
Located opposite The Queens Hotel and surrounded by a wide range of commercial and residential uses. Beaufort Street has become one of the most popular retail strips in Perth and the property is in the heart of this sought after location.

Improvements
The building consists of a single storey, split level building with large open plan area plus commercial kitchen and male/female amenities. There is parking at the rear for two cars via a rear R.O.W

Land Details
Frontage to Beaufort Street 10.08 metres
Land Area 379m²

Legal Description
Lot 24 on Plan 672 Certificate of Title Volume 1356 Folio 773

Zoning
The Town of Vincent advise that the property is located within the Mount Lawley Centre Precinct II and is zoned "Commercial"

Heritage
The property is listed on the Town of Vincent Municipal Heritage Inventory.

Tenancy
The property is sold subject to the existing lease. Please refer to selling agent for further information.

Auction Time and Date
The property will be auctioned at The Queens Hotel, Beaufort Street, Highgate on the
2 March 2011 at 11am.

Sale Conditions
A 10% deposit is payable on the fall of the hammer with the balance due at settlement being 1 April 2011. The conditions of sale WILL NOT BE READ OUT at the auction and are available from the selling agents upon request.

Settlement Date
Friday, 1 April 2011

Goods & Services Tax
The sellers are registered for GST and will sell the property as a "Going Concern" for GST purposes.

Auctioneer
Geoff Potter

For further details

Shane Isaacs
0408 883 987
sisaacs@burgessrawson.com.au