5 Station Street,
Wembley, WA 6014

This exceptional freestanding property represents a unique opportunity to purchase a high profile 752sqm* site within the tightly held Subiaco/Wembley medical precinct. Featuring an expansive 495sqm* floorspace over two levels, the A-grade commercial space is ideally situated for a medical/consulting occupier or professional firm looking to expand their footprint.

The property is easily accessible from Perth CBD, West Perth and Subiaco, with a range of supporting businesses, medical facilities and transport options within a stroll from the front door. It offers an excellent commercial package, featuring a high standard of appearance, great street exposure and a premium location with quick and easy access to everything the city has to offer. Rarely does a medical facility of this caliber become available in the thriving Town of Cambridge medical precinct, offering options to occupy, invest or redevelop/extend (STCA) for future capitalisation.

Property highlights:
Versatile two-storey layout with scope to lease or occupy levels individually
Recently refurbished throughout and presented in immaculate condition
On-site parking for 21 cars, including 14 undercover and 7 visitor spaces
Male, female and UAT bathrooms plus full kitchen facilities
New carpet throughout, freshly painted plus external re-paint and upgrade
Multi-use capacity ideal for to use as medical, corporate office or consulting
Huge value-add potential with 5-storey height limit and development upside (STCA)
Prime investment opportunity, previously tenanted by SKG Radiology for 15 years
Adjacent to St John of God Hospital, walking distance to Subiaco train station (450m*)

Details:
Land Area - 752sqm*
Ground Floor Area - 313sqm*
First Floor Area - 178.3sqm*
Balcony Area - 27.2sqm*+ Secure Car bays - 21 - 14 undercover and 7 visitor
Zoning - Residential/Commercial (Medical, Consulting & Office)
Sold "as is where is" as vacant possession with GST applicable to the purchase price

* Approximate