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Wembley Central, 353 Cambridge Street Wembley, WA 6014

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For Sale

Wembley Central, 353 Cambridge Street Wembley, WA 6014

Offices • Shop & Retail
Sale Price

Expressions of Interest

Land area

2926.0m²

Floor area

2258.0m²

Property extent

Whole

Zoning

Local Centre

Tenure type

Tenanted Investment

NABERS

4.5

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,054,864
Number of Tenants
8 Tenants

'Wembley Central' - Investment Development Opportunity

  • Significant Wembley Town Centre Asset
  • AAA Location
  • Diversified Tenancy Mix

Lease Equity and Ray White Commercial are proud to offer an exceptional opportunity to acquire 353 Cambridge Street, Wembley, Western Australia (“Wembley Central”).

Wembley Central is superbly located with great frontage to Cambridge Street directly opposite the Wembley Hotel within the Wembley Town Centre.

The buildings and multiple tenancies provide strong cash-flows whilst future development plans are prepared.

The property comprises a mixed use, retail/commercial development known as “Wembley Central”, contained within two separate buildings.

- Building Area: 2,258sqm*

- Land Area: 2,926sqm*

- Significant Wembley Town Centre Asset

- AAA Location directly in the heart of Wembley, opposite the renown Wembley Hotel

- 4.5 Star NABERS Energy Rating

- Diversified Tenancy Mix comprising local, national and international tenants.

- Opportunity to redevelop up to 5 Storeys (Subject to Council Approval)

- Value Add through new lettings and tenancy restructures

- Favourable “Local Centre” zoning providing flexibility with development use and tenancy mix

- High quality improvements with good parking ratios attractive to the tenants and visitors to the sites.

Wembley Central is located within the established, inner western suburb of Wembley, a distance of approximately five kilometres slightly north west of the Perth Central Business District.

The property is situated to the southern side of Cambridge Street in the heart of Wembley, directly opposite the Wembley Hotel, approximately 100 metres west of the intersection of Cambridge and Jersey Streets.

Cambridge Street is a major arterial road providing direct access between the affluent suburb of City Beach and the Perth CBD.

Expressions of Interest

For further information please do not hesitate to contact Luke Pavlos of Lease Equity or Brett Wilkins of Ray White Commercial WA.

*Approximately

Additional information

External websites

Property ID: 502575902Last Updated: 5 Dec 2018

Wembley Central, 353 Cambridge Street
Wembley, WA 6014

Agency contacts

Lease Equity - Perth

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Lease Equity - Perth

Level 1 / 604 Hay Street (Cnr Barrack Street)
PERTH, WA 6000
Ray White Commercial WA

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Ray White Commercial WA

12-14 The Esplanade
PERTH, WA 6000
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Email enquiry

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Luke Pavlos
Lease Equity - Perth
Wembley Central, 353 Cambridge Street Wembley, WA 6014

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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