COMMANDING POSITION WITH ENDLESS POSSIBILITIES - OCCUPY / INVEST / DEVELOP
LJ Hooker Commercial Perth as Exclusive Selling Agents are delighted to introduce the sale of 41-43 Stirling Highway, Nedlands, via Offers Invited closing Wednesday 8th April 2pm (WST) 2020, unless sold prior.
41-43 Stirling Highway are offered individually or together totalling a site area of 1064sqm* suitable for developers or owner-occupiers.
Recently rezoned to allow for mixed use development up to 9 storeys (STCA), 41-43 Stirling Highway offers two street frontages and a plot ratio of 3.0:1.0.
Individually each property comprises two-storey freehold commercial buildings with excellent exposure and natural light. Both properties enjoy access to the rear Right of Way.
41 Stirling Highway is an appealing two-storey 335sqm* commercial building positioned on 528sqm* of land. Currently occupied as an office, the property suits various uses and enjoys 8 on-site car bays at the rear off Hibbertia Lane. Currently leased to Amped IT, the property is available Vacant Possession by negotiation. The offering will enable an astute Buyer flexibility to accommodate either their own requirements or those of the intended occupier.
43 Stirling Highway is located on the corner of Williams Road and Stirling Highway. Comprises of a two-storey 275sqm* commercial building. Situated in a demanding position on 536sqm* of land, it is currently occupied on periodic leases to BPG Australia and MobileFoneCare. The property suits various uses and enjoys 12 on-site car bays.
Key Highlights Include:
- Total Land Area: 1064sqm*
- Total Building Area: 610sqm*
- 20 on-site car parking bays
- Rezoned to 'Mixed Use' R-AC1 under TPS3 by the City of Nedlands
- Flexible uses including Medical / Office / Retail / F&B / Residential (STCA)
- Holding income
- Significant redevelopment upside up to 9 storeys (STCA)
- Perth CBD, Kings Park and Swan River views from potential development on upper levels
- Corner location with 2 street frontages plus rear R.O.W.
- Bathing in natural light from all aspects
- Direct access to major arterial roads & buses servicing the Perth CBD and metropolitan surrounds
- Excellent schools, medical, retail amenity, parks and lifestyle within walking distance
41-43 Stirling Highway is located between Williams Road and Meriwa Street and nearby to the popular Hampden Road / Broadway precinct. The property is located 10 minutes drive or bus to the Perth CBD and Claremont and is within walking distance to the New Childrens Hospital, Sir Charles Gairdner Hospital, Hollywood Medical Centre and the University of Western Australia. Nedlands offers a wide range of retail amenities and excellent lifestyle elements including cafes, banks, bottle shops, supermarkets, restaurants, medical facilities and pharmacies. It is also nearby to the iconic Captain Stirling Hotel, BWS bottle shop and to the future Aldi Supermarket which will be the first in the Western Suburbs.
The Western Australian Planning Commission has endorsed and the City of Nedlands Town Planning Scheme #3 (TPS) has been Gazetted which allows an exciting opportunity to capitalise on the revised zoning in Nedlands. The City of Nedlands advises the property is zoned 'Mixed Use’ R-AC1.
Maximum building height 9 storeys
Tenure and Lease Details:
Statutory Outgoings 19/20:
41 Stirling Highway
Council Rates: $5,932.06 pa
Land Tax: $9,787.50 pa
Water Rates: $3,145.53 pa
43 Stirling Highway
Council Rates: $8,618.82 pa
Land Tax: $10,875.00 pa
Water Rates: $2,028.11 pa
For access to the Information Memorandum, to book your inspection time or to simply discuss in more detail please feel free to email or call the Exclusive Selling Agents Jack Bradshaw (0439 095 336) and Vincent Siciliano (0488 355 535).
(STCA) Subject to Council Approval
Remember to mention you found this property on DevelopmentReady.com.au