Prominent Rare 'Local Centre' Site - Redevelop or Refurbish Opportunity
LJ Hooker Commercial Perth as Exclusive Selling Agents are delighted to introduce the sale of 51 Aberdare Road, Nedlands, via Offers Invited closing Thursday 2pm 9th December (WST) 2021, unless sold prior.
51 Aberdare Road is a unique freehold commercial building which borders Shenton Park and has been rezoned to allow for mixed-use development up to 4-5 storeys (STCA). A prime well-known corner site with holding income, situated in a popular City Fringe location, the property is a suitable prospect for owner occupiers, investors and commercial / residential developers.
Research shows for residential apartment developments that there is certainly demand in the area from medical workers, first home buyers, downsizers and others for accommodation. The catchment has a deep supply of surrounding medical uses with the subject site in close proximity to two of Perth's largest hospitals, Sir Charles Gairdner Hospital and Perth Children's Hospital.
An appealing single-storey commercial / retail freehold building split into 4 units with 3 units occupied on short term leases or on a periodic basis. The offering will enable an astute Buyer flexibility to accommodate either their own requirements or those of the intended occupier. Positioned on 822sqm* of land with dual street frontage, the 259sqm* building is currently occupied as retail and office and enjoys 14 open on-site car parking bays and 7 public bays facing Aberdare Road.
Key Highlights Include:
• Land Area: 822sqm*
• Single-storey freehold with NLA of 259sqm*
• Excellent exposure in a well-known location
• Prominent commercial / retail building
• 21 car parking bays including public bays
• Rezoned to 'Local Centre' R60 under TPS3 by the City of Nedlands
• Redevelopment upside up to 4-5 storeys (STCA)
• Flexible uses including Residential / Medical / Office / Retail / F&B (STCA)
• Holding income
• Close to Shenton Park Train Station, Perth CBD, Kings Park, UWA and Swan River
• 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
Location:
51 Aberdare is located on the corner of Aberdare Road and Croydon Street which borders Shenton Park and Nedlands. The property is located within walking distance to Onslow Road retail strip, Perth Children's Hospital, Sir Charles Gairdner Hospital, Hollywood Medical Centre and the University of Western Australia. Aberdare Road offers a wide range of retail amenities and excellent lifestyle elements including cafes, banks, bottle shops, supermarkets, restaurants, medical facilities and pharmacies.
Zoning:
The City of Nedlands advises the property is zoned 'Local Centre' R60.
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 Brian Neo (0411 868 486).
*Approximate
(STCA) Subject to Council Approval
Remember to mention you found this property on DevelopmentReady
