43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009
43 Broadway Nedlands, WA 6009

43 Broadway Nedlands, WA

Sold on 6 Aug 2021

Property Type Land & Development Site
Asking Price Sold for $2,400,000
Floor Area 273 m²
Land Area 819 m²

Occupy / Invest / Redevelop in Prime Location

LJ Hooker Commercial Perth as Exclusive Selling Agents are delighted to introduce the sale of 43 Broadway, Nedlands via Offers invited closing 2pm (AWST) Wednesday 26th May 2021 - unless sold prior.

Situated on 819sqm* of land the property comprises 273sqm* of a well presented single-level commercial building, ideal for owner-occupiers, commercial investors and commercial / residential developers. With the adjoining 43 Broadway, Nedlands also available providing 1,638qm* of land and scale for developers.

The premises is currently split into four suites occupied by three tenants on periodic (monthly), license and a lease with a 6 month break clause upon the sale of the building. The improvements present in sound condition and offer functional office space. The layout supports occupation by multiple tenants or a single entity.

This opportunity allows a developer to take advantage of the recent zoning changes, an astute owner-occupier to refurbish their office / medical refurbishment or an investor to accommodate those of the intended occupier.

Key Highlights Include:
• Land Area: 819m²*
• Building Area: 273m²*
• 10 on-site car parking bays
• Rezoned to 'Mixed Use' R-AC3 under TPS3 by the City of Nedlands
• Flexible uses including Medical / Office / Retail / F&B / Residential (STCA)
• Vacant possession - subject to 6 month break clause for one tenant being exercised upon sale of the building
• Significant redevelopment upside up to 6 storeys (STCA)
• Perth CBD, Kings Park and Swan River views from potential development on upper levels
• Bathing in natural light from all aspects
• 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

Location:
43 Broadway is located on the western side between Cooper and Clark Street, some 165 metres south of Stirling Highway. The property is located within 10 minutes from the Perth CBD and is within walking distance to the Broadway Fair Shopping Centre, New Children's Hospital, Sir Charles Gairdner Hospital, Hollywood Medical Centre and the University of Western Australia.

Zoning:
The Western Australian Planning Commission has endorsed and the City of Nedlands Town Planning Scheme #3 (TPS) has been Gazetted which allows an exciting opportunity to capitalise on the revised zoning in Nedlands. The City of Nedlands advises the property is zoned 'Mixed Use' R-AC3.

Plot Ratio:
2.0:1.0 plus potential bonuses.

For access to the Information Memorandum, to book your inspection time or to simply discuss in more detail please feel free to email or call the Exclusive Selling Agents Jack Bradshaw (0439 095 336) and Brian Neo (0411 868 486).

* Approximate
(STCA) Subject to Council Approval