98-100 Scarborough Beach Road Mount Hawthorn, WA

LJ Hooker Commercial Perth as Exclusive Selling Agents are pleased to introduce the sale of 98 -100 Scarborough Beach Road & 39 Shakespeare Street, Mount Hawthorn. For Sale by Offers Invited closing 2pm (AWST) Friday 6th December 2019 - Unless sold prior.

Positioned on a prominent high profile corner, we offer a ‘Mixed Use’ development site with holding income.

Situated on a combined site area of 1,417sqm*. Zoned ‘Mixed Use’ R80 to allow for development. A prime corner site, placed in a popular City Fringe location, the property is a suitable prospect for commercial investment / development.

Key Features:
- High profile corner location
- Long term redevelopment potential (STCA)
- Popular City Fringe location, 10 minutes north of Perth, 350m to Mezz Shopping Centre
- Flexible use profile (STCA)
- Direct access to major arterial roads & buses servicing the Perth CBD and metropolitan surrounds
- Excellent schools, medical, retail amenity, parks and lifestyle within walking distance
- Leased to Powers Training Head Quarters
- Current net income: $87,500 pa + GST
- Combined land area – 1,417sqm (3 combined strata lots)
- 2 freestanding commercial buildings plus car park
- Close proximity to Oxford Street, Paddington Ale House, The Mezz Shopping Centre

Location:
The subject property is located within the inner, northern suburb of Mount Hawthorn, a distance of approximately five kilometres from the Perth CBD and more specifically, is situated to the north western corner of Shakespeare Street.

Total Building Area:
Gym: 340sqm*
Freestanding character building - 150sqm*

Total Land Area:
1,417sqm*

Plot Ratio:
1:0

Height Limit:
4 storeys

Zoning:
The City of Vincent advises the property is zoned “Mixed Use” R-80.

Current Net Income:
$87,500 pa + GST + Outgoings

Method of Sale:
For Sale via Offers Invited.

GST Treatment:
The property is offered for sale as a Going Concern.

For further information, contact the Exclusive Selling Agents Brian Neo and/or Vincent Siciliano.

* Approximate
STCA - Subject to Council Approval