935-939 Wellington Street,
West Perth, WA 6005
Offices • Development Sites & Land • Medical & Consulting
Price information
Sold
$2,700,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 935-939 Wellington Street
Commercial Character Investment
- Landholding of 918sqm across 3 titles
- Flexible "Office/Residential" zoning
- Significant future redevelopment options
Michael Martino & ProProperty Group are pleased to present 935-939 Wellington Street, West Perth, WA 6005.
This property offers a landholding of 918sqm with a floor area of approximately 621sqm with an attractive holding income. This substantial combined offering delivers a very dynamic opportunity to either owner occupy, invest, redevelop or reposition on the doorstep of the Perth CBD.
The property is located within a short walking distance to West Perth's vibrant Hay Street commercial, café and retail precinct, with fantastic views overlooking the historic Harold
Boas Gardens.
Other features of this fantastic investment are:
• Substantial combined landholding of 918sqm across three separate titles
• Three adjoining 2-storey character terrace houses converted to circa 600sqmof office
accommodation
• Positioned on the main thoroughfare of Wellington Street with a combined 25.39 metre
street frontage
• Flexible "Office/Residential" zoning with potential uses including Multiple Dwelling,
Office, Retail, Healthcare and Special Residential (STCA)
• Significant future redevelopment potential up to 29 metres (STCA)
• Located only approx. 700 metres west of the Perth CBD
Details regarding the holding income include the following:
• One Lessee with two separate leases and one lease that covers two properties
• Total combined yearly income of $183,000 + GST
• Both tenants pay all outgoings of the properties which equal $52,851 + GST pa
• Expiry of both lease full in Jan 2024 with further options available upon request
For more information or a private inspection contact Michael Martino 0417 474 1......
This property offers a landholding of 918sqm with a floor area of approximately 621sqm with an attractive holding income. This substantial combined offering delivers a very dynamic opportunity to either owner occupy, invest, redevelop or reposition on the doorstep of the Perth CBD.
The property is located within a short walking distance to West Perth's vibrant Hay Street commercial, café and retail precinct, with fantastic views overlooking the historic Harold
Boas Gardens.
Other features of this fantastic investment are:
• Substantial combined landholding of 918sqm across three separate titles
• Three adjoining 2-storey character terrace houses converted to circa 600sqmof office
accommodation
• Positioned on the main thoroughfare of Wellington Street with a combined 25.39 metre
street frontage
• Flexible "Office/Residential" zoning with potential uses including Multiple Dwelling,
Office, Retail, Healthcare and Special Residential (STCA)
• Significant future redevelopment potential up to 29 metres (STCA)
• Located only approx. 700 metres west of the Perth CBD
Details regarding the holding income include the following:
• One Lessee with two separate leases and one lease that covers two properties
• Total combined yearly income of $183,000 + GST
• Both tenants pay all outgoings of the properties which equal $52,851 + GST pa
• Expiry of both lease full in Jan 2024 with further options available upon request
For more information or a private inspection contact Michael Martino 0417 474 1......
Additional information
External websites
Property ID: 504169563Last Updated: 10 Jul 2023
04174741...
935-939 Wellington Street
West Perth, WA 6005
ProProperty Group - LEEDERVILLE Suite 5, 250 Oxford St
LEEDERVILLE, WA 6007
LEEDERVILLE, WA 6007
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
15-17 Altona Street,West Perth, WA 6005 2290 m²Offices • Development Sites & Land • Medical & Consulting