497-499 Beaufort Street,
Highgate, WA 6003

497-499 Beaufort Street, Highgate

- Absolute prime landmark corner location in the heart of one of Perth's premier cafe strips
- Suits a wide range of possibilities for the investor, developer or owner occupier
- Land area 448sqm
- Vacant possession
- Zoned 'Commercial'

Rare offering of 2 shop fronts in one of the citys premier locations, right opposite the Queens and a few doors down from the Must Winebar and Jacksons restaurant.

Situated on 448sqm with superior corner exposure to Beaufort and Mary Streets, these 2 shops have been combined into one larger shop and have successfully traded as "Allure Furniture" for the past 7 years.

With super exposure to Perth's Premier Entertainment strip, this grand old lady offers exciting possibilities from many angles.

Falling within the City of Vincents Mount Lawley Cafe Precinct, the property offers enormous potential to redevelop and upgrade with a possible 4 storey development. A multitude of uses from cafe restaurant/entertainment, retail and residential opens the path for exciting redevelopment potential whilst the existing structure lends itself perfectly to refurbishment and the possibility of deriving a healthy holding revenue in the interim.

This is a rare opportunity and offered by Set Sale closing on the 1st July 2013.

Land Details
Frontage to Beaufort Street - 11.9 metres
Frontage to Mary Street - 37.8 metres
Plus ROW at the rear
Total Land area of 448 sqm

Legal Description
Lot 37 on Plan 672, Certificate of Title Volume 1282 Folio 539

Zoning
Commercial - "Mount Lawley Cafe Precinct"

Possession
The property is sold with vacant possession.

Goods and Services Tax
The sellers are registered for GST and the buyers will be required to pay the sellers GST liability at settlement.