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240 Adelaide Terrace
Perth WA 6000
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Sold on 4 Oct 2019

240 Adelaide Terrace Perth WA 6000

  • Hotel, Motel, Pub & Leisure
  • 1,697 m²
  • Sold

Rare CBD Development Opportunity

  • Substantial site holding: 1,697sq m
  • Exciting development opportunities
  • Counter cyclical opportunity

Savills (WA) is pleased to bring to the market 240 Adelaide Terrace, Perth.

The property is located towards the eastern end of the Perth CBD on the main arterial of Adelaide Terrace. The property is 650m from the State Buildings and the COMO Treasury, 700m from Mclver Train Station and 950m from Elizabeth Quay.

The property comprises a 62 room accommodation facility on a substantial, regular shaped 1,697sq m site. Accommodation is spread across a 2 level building fronting Adelaide Terrace and a 3 level building at the rear of the site. 24 car bays are provided at the rear of the property with access from Adelaide Terrace.

- Key site towards the Western Terrace
- Large 1,697sq m site with 30 metres of frontage onto Adelaide Terrace
- 4.0:1.0 Plot Ratio with 2 metres height limit
- Benefit from the recovery of Perth's residential market
- Inner city accommodation comprising 62 rooms with ongoing operation possible
- Tightly held precinct on Adelaide Terrace
- 100% Freehold Vacant Possession
- Zoning: Special condition Area 1: Office/Residential (Precinct 13 Adelaide)

For Sale by Expressions of Interest closing 2pm (AWST) 23 October 2019

Please contact the Exclusive Selling Agents for more information or to arrange an inspection.

*Approximate

Savills Perth
Savills Perth
Level 7, Westralia Square 2, 143 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold4 Oct 2019
Floor Area1,697 m²
Land Area1,697 m²
Parking24 x Onsite parkings
Building TypeWhole building
Property ID2015682046
Category
Last updated  27 May 2024
Map for 240 Adelaide Terrace Perth WA 6000
Savills Perth
Savills Perth
Level 7, Westralia Square 2, 143 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold4 Oct 2019
Floor Area1,697 m²
Land Area1,697 m²
Parking24 x Onsite parkings
Building TypeWhole building
Property ID2015682046
Category
Last updated  27 May 2024

More about 240 Adelaide Terrace Perth WA 6000

240 Adelaide Terrace Perth WA 6000 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1,697 m² and a land area of 1,697 m². There are 24 x onsite parkings.The listing ID for this property is 2015682046.

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