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Raine & Horne Commercial - Western Australia

59 Grand Boulevard Joondalup, WA 6027

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59 Grand Boulevard,
Joondalup, WA 6027

Medical & Consulting • Offices • Development Sites & Land

Price information

Sale

OFFERS INVITED

Key property information

Land area

Floor area

Car spaces

Tenure type

Private inspections

to arrange a private inspection.
Raine & Horne Commercial - Western Australia
Matthew Edwards
Terry Menage

Raine & Horne Commercial - Western Australia

334 Cambridge Street
WEMBLEY, WA 6014
Raine & Horne Commercial - Western Australia
59 Grand Boulevard
Joondalup, WA 6027

Map of 59 Grand Boulevard

Directions
  • Train stations within 5 km of 59 Grand Boulevard, Joondalup, WA 6027Distance
    Joondalup Station855 m
    Currambine Station2.3 km
    Edgewater Station3.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 59 Grand Boulevard, Joondalup, WA 6027Distance
    Grand BVD After Regents Park Rd122 m
    Grand BVD After Kyle Ct135 m
    Grand BVD After Pimlico Pl170 m
    Grand BVD After Plaistow St195 m
    Shenton Av Stop 12342 m
    POWERED BY HERE ©
POWERED BY HERE ©

RARE MIX - COMMERCIAL / CONSULTING PREMISES PLUS RESIDENTIAL TOWNHOUSE

Raine and Horne Commercial are pleased to present 59 Grand Blvd, Joondalup to the market for sale. An exceptionally rare opportunity to secure a commercial premises, plus residential townhouse, 50 metres from the Joondalup Health Campus (JHC) and in the heart of surrounding medical precinct.

59 Grand Blvd provided buyers with considerable short and long term options:

- Holding income from day one or the ability to secure with vacant possession
- A commercial premises with existing consulting rooms
- Significant long term redevelopment potential supported by flexible zoning

Consisting of a single level commercial / medical building with an additional two-level residential townhouse to the rear of the site, providing an approximate total building area of 446sqm. The property sits on a land holding of 1,035sqm and boasts three street frontages to Grand Blvd, Regents Park Rd and the rear ROW, thus providing not only a strategic land parcel but also an incredible redevelopment opportunity now or in future!

The property effectively backs onto the Joondalup Health Campus, which is currently undergoing a multi-million-dollar expansion, Stage 2 of the project is currently underway, with the State & Federal Governments pledging $459 million to the project.

The property is currently fully leased; however, the option exists for the commercial area to be provided with vacant possession.

Currently with a passing gross income of approximately $168,550 p.a., the property sits well as a genuine passive investment opportunity with the potential to redevelop at later a date.

• Green title land parcel
• Medical / Commercial premises + residential town house
• 3 street frontages
• Development upside
• Opportunity to occupy or continue as investment
• Adjacent to Joondalup Health Campus
• Incredible Access to Shenton Rd, Mitchell Fwy and Joondalup City Centre

OFFERS INVITED

For information contact the selling agents Terry Menage and Matthew Edwards at Raine and Horne Commercial.

Additional information

Property ID: 504677140Last Updated: 21 Nov 2024

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