RWC WA as exclusive selling agents on behalf of EY (Receivers and Managers appointed) are delighted to offer to the market 567 Newcastle Street, West Perth for sale by Expressions of Interest (EOI) invited to be submitted by Wednesday 8 May 2024 at 2pm (AWST).

567 Newcastle Street is strategically and conveniently situated on the southern side of Newcastle Street with access and frontage to Newcastle Street and Tandy Street.

• 150m* to Loftus Street/Newcastle Street intersection
• 650m* to the Leederville Oxford Street entertainment and dining precinct
• 200m* to freeway network access
• 600m* to Leederville train station
• 2km* to Perth CBD

567 Newcastle Street offers an incoming investor a broad range of opportunities. The property is approximately 57% leased with good holding income. With leasing enquiry trending upwards there's upside in a targeted leasing push or occupancy opportunity for intending owner occupiers. There's a diverse range of potential for development of 7-14 storeys (STCA), with entertainment, residential, retail, commercial all possible under the current zoning.

Key attributes include:
• Two level office/warehouse
• NLA 2,216sqm* plus 33 secure carbays
• Corner site of 2,479sqm* with three street frontages
• Excellent connectivity to freeways via Charles Street and Loftus Street
• 57% occupied, potential owner occupation, good holding income
• Land zoned Commercial - build 7-14 storeys (STCA)

For further information or to book an inspection of the property please contact the exclusive selling agents below:

Brett Wilkins
RWC WA
M: 0478 611 1...
E: brett.wilkins@raywhite.com

Andrew Woodley-Page
RWC WA
M: 0438 939 8...
E: andrew.woodley-page@raywhite.com

*Approximate