Level 1, 563 Hay Street

Subiaco WA 6008

(08) 6389 2242

reception@bpga.com.au

102 Stirling Highway, Nedlands

Offers to Purchase closing 12pm WST Thurs, 18 Aug 2022
  • Description
  • Address
  • Details

Description

OCCUPY – INVEST – DEVELOP

  • Prominent Stirling Highway Site of 1,138 sqm with 4:1 Plot Ratio.
  • Located Opposite “Porsche Centre” Proposed $320m Development.
  • Substantial Well Appointed 2 Storey Building Approx 838 sqm.
  • Holding Income $299,256 pa net + GST + Outgoings to Established Tenant.
  • Development Potential to 10 Storeys for Mixed Use (STCA).

BPG Australia is delighted to offer for sale a unique opportunity to secure a property in the “Nedlands Town Centre” – 102 Stirling Highway, Nedlands.

LOCATION

102 Stirling Highway, Nedlands is situated 6 kilometres from the Perth CBD on the main arterial road linking the Perth CBD to the City of Fremantle. The property has prime street frontage facing Stirling Highway in a prominent retail, commercial and entertainment hub in Perth’s sought-after western suburbs.

IMPROVEMENTS
The building is a well-appointed 2 storey character building with a net lettable area of approximately 838 square metres. The interior presents to a very high standard and contemporary finish. There is parking at the rear of the property for approximately 17 car bays, including 8 undercover. The building suits retail, office, showroom, medical, and other mixed uses (STCA).

TITLE DETAILS
The property is legally described as Lot 237 on Plan 3668 and contained within Certificate of Title Volume 1639 Folio 649.

SITE DETAILS
Lot 237 has a total land area of 1,138 square metres with a frontage to Stirling Highway of approximately 21.79 metres.

ZONING DETAILS
The site is zoned ‘Mixed Use’ under the City of Nedlands’ current Local Planning Scheme No. 3.

LEASE DETAILS
Fully leased to an established and recognised tenant with a lease providing both security for investors or the potential for part or full owner occupation in the future with a 12 month redevelopment clause.

SALE DETAILS
102 Stirling Highway, Nedlands is For Sale via Offers to Purchase closing 12 pm WST Thursday, 18 August 2022.

CONTACT

Jeff Braddock – 0412 934 694 or jbraddock@bpga.com.au

Address

  • City: Nedlands
  • State/county: WA
  • Neighborhood: Nedlands
  • Country: Australia

Detail

  • Price: Offers to Purchase closing 12pm WST Thurs, 18 Aug 2022
  • Property Type: Commercial, Development, Investment, Retail
  • Property Status: For Sale, New Listing