LJ Hooker Commercial Perth as Exclusive Selling Agents are delighted to introduce the sale of 41 Stirling Highway, Nedlands.

This property is currently leased however is available via Vacant Possession and is ideal for an owner-occupier. The property is also suited to an investor or developer as it has recently been rezoned to allow for mixed use development up to 9 storeys (STCA). 41 Stirling Highway offers a plot ratio of 3.0:1.0.

The Opportunity:
41 Stirling Highway is an appealing single-storey 335sqm* commercial building positioned on 528sqm* of land. Currently occupied as an office, the property suits various uses and enjoys 8 on-site car bays at the rear off Hibbertia Lane. Currently leased to Amped IT, the property is available Vacant Possession by negotiation. The offering will enable an astute Buyer flexibility to accommodate either their own requirements or those of the intended occupier.

Key Highlights Include:
- Total Land Area: 528sqm*
- Total Building Area: 335sqm*
- 8 on-site car parking bays
- Rezoned to ‘Mixed Use’ R-AC1 under TPS3 by the City of Nedlands
- Flexible uses including Medical / Office / Retail / F&B / Residential (STCA)
- Holding income
- Significant redevelopment upside up to 9 storeys (STCA)
- Perth CBD, Kings Park and Swan River views from potential development on upper levels
- Corner location with 2 street frontages plus rear R.O.W.
- 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:
41 Stirling Highway is located between Williams Road and Meriwa Street and nearby to the popular Hampden Road / Broadway precinct. The property is located 10 minutes drive or bus to the Perth CBD and Claremont and is within walking distance to the New Childrens Hospital, Sir Charles Gairdner Hospital, Hollywood Medical Centre and the University of Western Australia. Nedlands offers a wide range of retail amenities and excellent lifestyle elements including cafes, banks, bottle shops, supermarkets, restaurants, medical facilities and pharmacies. It is also nearby to the iconic Captain Stirling Hotel, BWS bottle shop and to the future Aldi Supermarket which will be the first in the Western Suburbs.

Tenure and Lease Details:
Contact Agent

Statutory Outgoings 19/20:
Council Rates: $5,932.06 pa
Land Tax: $9,787.50 pa
Water Rates: $3,145.53 pa

Asking Price:
$1,699,000 (Going Concern)

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 Vincent Siciliano (0488 355 535).

* Approximate
(STCA) Subject to Council Approval