FRINGE CBD VALUE-ADD INVESTMENT OPPORTUNITY
25, 31 & 33 Wittenoom Street, East Perth, WA 6004 Australia
OVERVIEW
Cushman & Wakefield & The Agency Projects are pleased to present For Sale one of Western Australia’s most exciting value add commercial investment opportunities for 2024, offering to the market ‘in one line’ or individually, 25, 31 and 33 Wittenoom Street, East Perth.
Located in the high-growth inner city precinct of East Perth, this unique opportunity offers investors & developers incredible repositioning and redevelopment potential, supported by existing lease structures, multiple titles, and the configuration and quality of improvements.
The opportunity also offers owner-occupiers the opportunity to take a foothold in one of Perth’s most sought-after fringe CBD residential and commercial precincts, with immediate access to the Perth CBD, and the heart of East Perth’s shopping, café, restaurant, retail, public transport, and service amenities.
The assets provide a combined 1,416sqm* of land area across three titles and over 1,275sqm* of building area.
25 Wittenoom Street, East Perth
• Offered with ‘Vacant Possession’
• 595sqm* Warehouse on a 608sqm* land parcel
• Zoning: Normalised Redevelopment Area
• Plot Ratio: 1.5 : 1.0 (Max 2.5 : 1.0)
31 Wittenoom Street, East Perth
• Securely Leased to Hearing Australia until March 2026 + Options
• Net Passing Income: $77,370pa*
• Lease Expiry: 31/01/2026
• 285sqm* Office on a 404sqm* land parcel
• Zoning: Residential / Commercial
• Plot Ratio: 3.0: 1.0
33 Wittenoom Street, East Perth
• Offered with ‘Vacant Possession’
• 395sqm* Office/Warehouse on 404sqm* land parcel
• Zoning: Residential/Commercial
• Plot Ratio: 3.0: 1.0
Approx*
For Sale individually or ‘in-one-line’ by way of an Expressions of Interest campaign closing Friday 8th November at 2:00pm (AWST).
For further information or to request the Information Memorandum, please contact the exclusive joint selling agents from Cushman & Wakefield & The Agency Projects below.
- Perth - Perth CityDetails
- Sale Price:
- Negotiable
- Lot Size:
- 1,416 SQM
AVAILABILITIES