Freestanding Character Premises

SOLD

7 Ellen Street

Subiaco WA 6008

Offices

FOR SALE

150m2

- Land area 455sqm
- Improvements 150sqm approx
- Zoned 'Commercial/Residential'
- Sold with vacant possession

Introduction
Burgess Rawson are pleased to offer for sale by Private Treaty an excellent opportunity to purchase this freestanding character premises in Subiaco. Currently used as offices, the property may suit professional owner occupiers/investors or medical specialists (STCA). The property is sold with vacant possession.

Location
The property is located on the corner of Ellen Street and York Street, Subiaco. More specifically, 7 Ellen Street is located 1.2 kilometres from St John of God Hospital, approximately one kilometre west of West Perth and 1.5 kilometres from the Subiaco train station.

Improvements
The property comprises of a freestanding character premises with a reception room, four offices, an open plan work area, kitchen, w/c and shower facilities. The property boasts high ceilings, ample on site parking and a patio area excellent for client functions/entertaining.

Development Potential
Plot Ratio: Buildings are to have a maximum plot ratio of 1.0 except where a mixed-use development comprising residential uses is proposed. In this instance, the maximum plot ratio may be increased to 1.5 provided that in any development not more than 25% of the excess relevant floorspace will be used for non-residential purposes.

Building Height: In the Commercial/Residential Zone the height of a building shall not exceed 9 metres overall height and 6 metres wall height.

Statutory Outgoings
Shire Rates $2,870.00 pa
Water Rates $1,367.25 pa
Land Tax $2,745.10 pa

Legal Description
Lot 50 on Plan 4359 Certificate of Title Volume 1441 Folio 180.

Zoning
The City of Subiaco advise that the property is zoned ‘Commercial/Residential'.

Asking Price
$1,795,000 plus GST

Goods & Services Tax
The sellers are registered for GST and the buyer will be required to pay the sellers GST liability at settlement.

For further details

Brian Neo
0411 868 486
bneo@burgessrawson.com.au

Rob Selid
0412 198 294
rselid@burgessrawson.com.au