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This distinctive Tudor style mixed use building which has graced Stirling Highway, Nedlands for decades is now finally available for sale for the founding Renkema family. With super high profile location, and over 35,000 vehicles passing per day. This extremely unique “Summer Hayes” designed building offers a multitude of options for the prudent investor and developer alike.
Strategically located on 1,138 sqm of prime land with excellent corner exposure, location and prominence. This property features 7 tenancies over 3 separate strata titles, offering mixed used with downstairs retail/commercial leases and 3 upstairs residential apartments, generating in excess of $210,000 p.a. This property offers possible potential for further redevelopment of the large rear carpark and/or the ability to reconfigure and refurbish the current strata titles.
• Total land area 1,138 sqm, Zoned mixed use
• 3 Strata Titles - 4 commercial, 3 residential tenancies
• 7 tenancies generating over $210,000 p.a. + GST
• Potential to redevelop, refurbish and/or reconfigure
• Super exposure ICONIC LANDMARK BUILDING
Seldom is there an opportunity available in this tightly held portion of Stirling Highway, located close to the current Captain Stirling Hotel revitalisation and redevelopment. This property delivers a multitude of options for the savvy property investor to redevelop, strata, renovate and prosper.
Seize your blue chip future… today.
Contact Mark Hay on (08) 9225 7000
Remember to mention you found this property on DevelopmentReady
This distinctive Tudor style mixed use building which has graced Stirling Highway, Nedlands for decades is now finally available for sale for the founding Renkema family. With super high profile location, and over 35,000 vehicles passing per day. This extremely unique “Summer Hayes” designed building offers a multitude of options for the prudent investor and developer alike.
Strategically located on 1,138 sqm of prime land with excellent corner exposure, location and prominence. This property features 7 tenancies over 3 separate strata titles, offering mixed used with downstairs retail/commercial leases and 3 upstairs residential apartments, generating in excess of $210,000 p.a. This property offers possible potential for further redevelopment of the large rear carpark and/or the ability to reconfigure and refurbish the current strata titles.
• Total land area 1,138 sqm, Zoned mixed use
• 3 Strata Titles - 4 commercial, 3 residential tenancies
• 7 tenancies generating over $210,000 p.a. + GST
• Potential to redevelop, refurbish and/or reconfigure
• Super exposure ICONIC LANDMARK BUILDING
Seldom is there an opportunity available in this tightly held portion of Stirling Highway, located close to the current Captain Stirling Hotel revitalisation and redevelopment. This property delivers a multitude of options for the savvy property investor to redevelop, strata, renovate and prosper.
Seize your blue chip future… today.
Contact Mark Hay on (08) 9225 7000
Remember to mention you found this property on DevelopmentReady
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