- Freestanding 675sqm approx building
- Sought after and tightly held Northbridge entertainment precinct
- Within close proximity to the Perth City Link Project and Perth Arena
- Land area 1,372sqm
- Rear ROW access
- Holding income
- Suits a variety of uses and possibilities
- Zoned 'City Centre'
Introduction
Burgess Rawson are pleased to offer for sale by 'Offers Invited' 233-239 James Street, Northbridge. A rare opportunity to purchase a substantial freehold commercial property in this highly sought after and tightly held inner city precinct.
The Opportunity
The property is suited to a wide range of possibilities (STCA) including mixed use development, office/retail conversion or continuation of the existing lease.
Location
Northbridge is Perth's premier entertainment precinct and is home to a wide range of commercial, hospitality, cultural and educational uses. Northbridge has benefited from substantial rejuvenation and the property is within close proximity to the CBD, Perth Arena and Perth City Link project which is set to redefine the City.
Improvements
The building consists of a single level, open plan building of approximately 675sqm GBA with rear hardstand area and includes access via a rear ROW.
Land Details
Frontage to James Street - 30.22 metres
Total Land Area - 1,372 sqm
Legal Description
Lots 12 & 13 on Diagram 70352 Certificate of Title Volume 1742 Folios 81 & 80.
Zoning
The City of Perth advise that the property is located within 'Precinct 1 - Northbridge' and is zoned 'City Centre'. Permitted uses include Retail and Dining. The site has a plot ratio of 3.
Tenancy
The property is sold subject to the existing lease. Please refer selling agent for further details.
Sale Conditions
The property is offered for sale by 'Offers Invited' closing 2.00pm (WST) Thursday, 7 August 2014. Offer documentation is available for the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.
Goods and Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.
For further details
Rob Selid
0412 198 294
rselid@burgessrawson.com.au
