16 Ogilvie Road,
Mount Pleasant, WA 6153
$5,500,000 ex GST (Going Concern)
Key property information
Tenanted Investment Details
Map of 16 Ogilvie Road
Train stations within 5 km of 16 Ogilvie Road, Mount Pleasant, WA 6153 Distance Canning Bridge Station 804 m Bull Creek Station 3.7 kmPOWERED BY HERE © Bus stops within 5 km of 16 Ogilvie Road, Mount Pleasant, WA 6153 Distance Canning Hwy After Ogilvie Rd 113 m Canning Hwy Before Kishorn Rd 140 m Kintail Rd Before Moreau Mews 287 m Kintail Rd Before Canning Highway 341 m Canning Hwy After Sleat Rd 457 mPOWERED BY HERE ©
Strategic Landholding Offering Holding Income and Development Upside^
- Tenanted Investment
- Lease Income* & Development^ Upside
- Suits SMSF / Investors & Owner Occupiers
Pinnacle House is positioned on a land area of 1656 sqm* offering dual frontage and vehicle access to both Ogilvie and Kishorn Roads. Improvements offer a total floor area of 1755 sqm* featuring a range of fitted out office accommodation and 88 secure undercover car bays. The property is partially leased at current market rates* allowing for potential income upside or the opportunity to occupy the available floor area and maintain the current tenancies in situ.
The City of Melville advises the land is located in the Canning Bridge Area Plan Q2 precinct with a Centre C2 / M15 zoning and R-AC0 R-Code. The total land area available of 1656 sqm* currently allows for potential redevelopment of the site to 32m maximum height being approx 10 storeys^. Additional height may be achieved of approx 15 storeys plus additional discretionary height concessions for community benefits^ through amalgamation of adjoining lots.
The property is offered For Sale by Offers to Purchase.
For further details on this unique opportunity and to receive an Information Memorandum please contact exclusive selling agent David Lightfoot on 0499 888 123.
^Subject to Council Approval
Property ID: 503787990Last Updated: 8 Jun 2021