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1 & 2, 85 Wanneroo Road Tuart Hill, WA 6060

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1 & 2, 85 Wanneroo RoadTuart Hill, WA 6060

Shop & Retail
Sold Price

$2,700,000

Land area

1423.0m²

Floor area

858.0m²

Car spaces

20

Property extent

Whole

Sold on

10 Oct 2018

What an awesomely dynamic opportunity!

This is a once in a lifetime opportunity to secure a brilliant passing income stream in a high growth location with multiple options.

This property features one of Perth’s most successful Pharmacies for 40 years with the anchor tenant on a 7 year lease, plus a deli/mini-mart, basement (utilising wholesale distribution), plus a top floor (previously a thriving Mexican restaurant) currently used as offices. Total rent generated is in excess of $200,000 p/a + outgoings + GST.

Split over 2 titles with 4 different tenancies, this property lies in the middle of the revitalised planning by the city of Stirling with large mixed use redevelopment permitted.

THIS PROPERTY OFFERS BOUNDLESS DIFFERENT OPPORTUNITIES

1) 2 strata titles that can be sold off individually. 297m2 and 449m2 plus a basement area of 191m2.

2) Possibility to redevelop into a multi-story mixed use development on a dedicated inbound city transport route offering huge blue sky falling under the City of Stirling, Tuart Hill Local Centre Development Plan.

3) Simply providing a wonderful cash flow growth asset.

If you have been seeking to take advantage of the brilliant purchase options within the current market, then rarely would you ever find a better opportunity than here!

Featuring over 858m2 of net lettable on over 2 levels 1423m2 of land with direct exposure to busy Wanneroo Road, lets you explore so many commercial opportunities now and for the future.

For Sale by Expressions of Interest.

Call Now!

Property ID: 502612130Last Updated: 16 Nov 2018

0418 *** ***
1 & 2, 85 Wanneroo Road
Tuart Hill, WA 6060

Agency contacts

Mark Hay - East Perth

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Mark Hay - East Perth

28/118 Royal Street
EAST PERTH, WA 6004
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Mark Hay
Mark Hay - East Perth
1 & 2, 85 Wanneroo Road Tuart Hill, WA 6060

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

Kind Regards,

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