44 and 46 Francis Street,
Northbridge, WA 6003
Hotel, Motel & Leisure
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Land area
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BACKPACKER ACCOMODATION WITH DEVELOPMENT POTENTIAL
- Two existing buildings on site
- 1,067sqm land site on a prime location
- Offers flexibility for mixed-use
Knight Frank is pleased to present a Backpacker Accommodation with the potential for mixed-use development. This property is located between William and Lake Street in the heart of the vibrant Northbridge entertainment precinct.
Improvements
The site is improved with two buildings comprising the following:
44 Francis Street - Single storey building of 238m2* that is currently operating as a backpacker.
46 Francis Street - Two storey building of 536m2*. This building was formally utilised as a backpacker accommodation and is currently vacant (Needs refurbishment).
Zoning and Development Potential
The site offers a chance to further link the Perth CBD and Northbridge with a flexible development option such as a 'mixed-use' residential, retail/dining, hospitality, or commercial project (subject to council approval).
- Zoned “Central City Area” under Precinct 1- Northbridge.
- Base plot ratio of 4:1 + Bonuses available (subject to council approval).
The Property is for sale by “Expressions of Interest” campaign closing Friday 12th July at 2pm AWST.
Sites are offered in one-line or can be sold separately.
To arrange an inspection or request a copy of the Information Memorandum, please contact the exclusive selling agents Jonathan Wong and Tony Delich.
Approximate*
Improvements
The site is improved with two buildings comprising the following:
44 Francis Street - Single storey building of 238m2* that is currently operating as a backpacker.
46 Francis Street - Two storey building of 536m2*. This building was formally utilised as a backpacker accommodation and is currently vacant (Needs refurbishment).
Zoning and Development Potential
The site offers a chance to further link the Perth CBD and Northbridge with a flexible development option such as a 'mixed-use' residential, retail/dining, hospitality, or commercial project (subject to council approval).
- Zoned “Central City Area” under Precinct 1- Northbridge.
- Base plot ratio of 4:1 + Bonuses available (subject to council approval).
The Property is for sale by “Expressions of Interest” campaign closing Friday 12th July at 2pm AWST.
Sites are offered in one-line or can be sold separately.
To arrange an inspection or request a copy of the Information Memorandum, please contact the exclusive selling agents Jonathan Wong and Tony Delich.
Approximate*
Property ID: 504615620Last Updated: 2 Dec 2024
44 and 46 Francis Street
Northbridge, WA 6003
Knight Frank - PerthLevel 37, 2 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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CONTACT AGENT
The Sebel West Perth Aire Apartments, 659 Murray Street,West Perth, WA 6005 3410 m²Hotel, Motel & Leisure
