12-16 Riseley Street,
Ardross, WA 6153
Development Sites & Land • Shops & Retail • Medical & Consulting
Detailed listing
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Sold on
Raine & Horne Commercial - Western Australia
334 Cambridge StreetWEMBLEY, WA 6014
12-16 Riseley Street
Ardross, WA 6153
Detailed listing
Map of 12-16 Riseley Street
LEASED INVESTMENT WITH HUGE DEVELOPMENT UPSIDE
Raine & Horne Commercial are pleased to present 12-16 Riseley Street Ardross to the market for sale.
An exceptional trophy asset, located within the tightly held, blue-chip neighbourhood commercial and retail strip of Ardross.
Arguably one of the most significant neighbourhood commercial/ retail locations in the area, this forms one of the most prominent land holdings within the Riseley Street/ Kearns Crescent precinct.
Offered as a leased investment with four securely leased tenancies.
Land area: 1,818m2*
Building area: 744m2 over five tenancies
Parking: 42* bays total
Net income: $240,324.46* p.a. plus outgoings plus GST (approx. $330,000* p.a. plus outgoings plus GST when fully leased)
*approx.
Significant development potential with up to six stories permissible under City of Melville Local Town Planning Scheme.
In close proximity to Canning Highway and the Garden City Booragoon Shopping Centre, enjoying exceptional links to Applecross, Mt Pleasant, and transport links into the Perth CBD.
Significant parking on site to the rear of the property.
Take advantage of an extraordinary opportunity to secure a prime piece of south of the river commercial real estate!
AUCTION: On Site at 11am (AWST)
Thursday, 25th November, 2021
Contact the Selling Agents now to discuss this property further.
An exceptional trophy asset, located within the tightly held, blue-chip neighbourhood commercial and retail strip of Ardross.
Arguably one of the most significant neighbourhood commercial/ retail locations in the area, this forms one of the most prominent land holdings within the Riseley Street/ Kearns Crescent precinct.
Offered as a leased investment with four securely leased tenancies.
Land area: 1,818m2*
Building area: 744m2 over five tenancies
Parking: 42* bays total
Net income: $240,324.46* p.a. plus outgoings plus GST (approx. $330,000* p.a. plus outgoings plus GST when fully leased)
*approx.
Significant development potential with up to six stories permissible under City of Melville Local Town Planning Scheme.
In close proximity to Canning Highway and the Garden City Booragoon Shopping Centre, enjoying exceptional links to Applecross, Mt Pleasant, and transport links into the Perth CBD.
Significant parking on site to the rear of the property.
Take advantage of an extraordinary opportunity to secure a prime piece of south of the river commercial real estate!
AUCTION: On Site at 11am (AWST)
Thursday, 25th November, 2021
Contact the Selling Agents now to discuss this property further.
Additional information
External websites
Ardross, 6153 demographic data
The median household income for Ardross is $2,361, 27% higher than Greater Perth's household income of $1,865. Ardross has an older age profile compared to the rest of Greater Perth (median age 41 vs 37). Property ownership data shows 44% of property owners in Ardross have a mortgage.
4,578
Population
$2,361 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Raine & Horne Commercial - Western Australia334 Cambridge Street
WEMBLEY, WA 6014
WEMBLEY, WA 6014
More properties from Raine & Horne Commercial - Western Australia
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
47 Mercantile Way,Malaga, WA 6090 1202 m²Development Sites & Land • Warehouse, Factory & Industrial
Contact Agent
Lot 3, Industrial Precinct Stage 5,Southern River, WA 6110 1611 m²Development Sites & Land
