Share this property

realcommercial.com.au
RWC  - WA

158 James Street Northbridge, WA 6003

Directions

158 James Street,
Northbridge, WA 6003

Hotel, Motel & Leisure • Shops & Retail • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 158 James Street

Directions

Prime, Prime, Prime!

Offered to the Market for the First Time in 35 years, this freehold restaurant, presents an opportunity to acquire both a high street retail asset and a high density development site.

Occupied by Sorrento restaurant since 1982 with a lease to 30 June 2022 and located within the beating heart of Northbridge, only metres from the Northbridge Piazza, Russell Square and the Northbridge Cultural Precinct.

Expression of Interest Closing Tuesday, 9 March 2021 at 4:30pm AWST (Unless Sold Prior)

Development highlights include:
- 304sqm* of land
- 15 metre frontage
- 4:1 plot ratio (with additional plot ratio bonuses available)

Restaurant features include:
- 275sqm* of building (approx.)
- Alfresco licence
- Approximately 140 person capacity (including alfresco)
- Restaurant Liquor Licence
- Grease Trap
- Exhaust

Lease details:
- $129,792pa plus outgoings & G.S.T. reduced to $78,000 during the COVID-19 emergency
period
- Lease expires 30th June 2022 with no options


For further questions or to arrange an inspection contact:

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 1...
E: brett.wilkins@raywhite.com

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 7...
E: stephen.harrison@raywhite.com

*approximate

Explore property virtually

Video

Property ID: 503766718Last Updated: 24 May 2021

RWC - WA

12-14 The Esplanade
PERTH, WA 6000
RWC  - WA
158 James Street
Northbridge, WA 6003

Make an enquiry

What's your enquiry about?

Enter your details

More properties from RWC - WA

Other properties you might be interested in based on the location and property type you are looking at.