Colliers is pleased to offer for sale 231 Bulwer Street, Perth. An outstanding opportunity to acquire a landmark two level freehold office in a sought after and tightly held inner city precinct on the doorstep of the Perth CBD.

The Opportunity
A rare opportunity for an investor to acquire a fully leased asset in a desirable city fringe location or future owner occupiers that may occupy all or part of the building at the conclusion of the leases.

Improvements
The property consists of a two level 826m²* office/warehouse with three separate tenancies. Each offers a high standard of fitout including staff amenities, air conditioning and fantastic city views from the level one office. The property also features a rear warehouse/storage area with roller door access plus 10 on site car bays.

Location
The property is ideally located being just 1.25kms* to the Perth CBD and within walking distance to Northbridge plus ample street parking and easy access to public transport routes.

Tenancies
The property is leased with a combined current rent of approx. $144,713.61.
Please refer to the selling agents for further details.

Land Details*
Land Area – 948m²*
Frontage to Bulwer Street- 25.97m*
Frontage to Lake Street- 36.49m*

Zoning
The City of Vincent advises that the is zoned “Residential R50”

Development Guidelines
Plot ratio- R50
Height limit- Up to 2 storeys

Method of Sale
The properties are offered for sale by Expression of Interest closing 2.00pm Wednesday 5th June 2024.

*Approximately