CBRE are pleased to present 7 Richardson Street, West Perth to market for sale. A classic character dwelling with an extensive refurbishment for its current use as a Surgeon’s Medical Rooms. The investment class asset presents an outstanding opportunity for occupation or investment.

The property will be sold with a lease-back to the vendor ending circa November 2023.

Located at the eastern end of Richardson Street and only 150m from Hay Street retail strip, the property offers excellent access to an abundance of surrounding amenities and conveniences.

Highlights

-Queen Anne era federation building with a premium medical fitout including treatment theatre, consulting rooms, reception / waiting area and amenities.

-10 off street car bays for staff and patients.

-The property is located between four of Perth’s major Hospitals. QEII Medical Precinct & Hollywood Hospital (2.7 kilometres); St John of God Subiaco (1.4 kilometres); Royal Perth Hospital (2.4 kilometres); Mount Hospital (960 metres).

Future Development Potential:

-Located in a premium West Perth office location the property which has a land area of 827m² and frontage to Richardson Street of 18.32 metres offers excellent longer term development potential.

-Zoned Office/Residential under the City of Perth Local Planning Scheme No 2 and located in Precinct 10 – West Perth.

- Built form controls allow 2.0:1.0 plot ratio (maximum 1.33:1.0 for use groups other than Residential or Special Residential) and a maximum building height of 29 metres. Potential maximum building area would be 1,654m².

- Multiple uses available subject to council approval.

- Dual street frontage allowing excellent vehicle access.

The property is offered for sale exclusively by CBRE via an Offers to Purchase campaign closing Thursday 3 November 2022 at 3pm AWST.