Axia Corporate Property is pleased to present 3 Wilson Street, Bassendean, for Sale, by Offers to Purchase.
The arrival of the property to the market provides astute investors and/or owner occupiers with a unique opportunity to acquire an appealing, versatile and conveniently situated freehold asset, located within an established precinct currently experiencing unprecedented demand from developers and owner/occupiers alike.
The 'District Centre' zoning is expected to stimulate significant new developments overtime further enhancing the precinct as a commercial/retail destination as well as providing a convenient place to live.
Investment Highlights:
- 1,002sqm* of freehold land
- 153sqm* of character improvements
- Character features including polished floorboards, high ornate ceilings and lead light glazing
- Residence suitable for occupation or conversion
- Very flexible 'District Centre' zoning
- Outstanding redevelopment potential
- Retain existing improvements and develop surplus rear land
- Superb connectivity to major transport networks
- Proximity to an abundance of local amenity and lifestyle destinations including parks, recreational facilities, shopping and entertainment outlets
- Convenient location only 10km* north east of Perth CBD
- Established locality experiencing rapid rejuvenation
- Sought-after and tightly held precinct
Location:
The property is strategically located within the established suburb of Bassendean, 10km* north east of the Perth Central Business District. More specifically the property is positioned on the western side of Wilson Street some 50 metres* from the intersection with Old Perth Road.
The southwest precinct of Bassendean is nestled within a curve of the Swan River, which is undeveloped and incorporates an abundance of public open space, parks and recreational areas and provides for a tranquil and serene setting. The suburb is divided into two precincts via Guildford Road and Transperth Train Line. The northern precinct predominantly supports a variety of light industrial accommodation, with a number of new developments having recently been completed.
The southern precinct comprises a mix of predominently residential accommodation occupying full size land plots along with new high density developments, complimented by a variety of commercial occupiers including a large format shopping, specialty retail, service/medical providers and an abundance of food and beverage businesses, providing for excellent local amenity.
Furthermore, Bassendean is a well recognised cultural hub which has maintained its character and heritage inturn contributing to the popularity of the locality.
The property benefits from excellent proximity and connectivity to numerous major transport networks, including the Bassendean Train Station, Transperth Bus routes and major thoroughfares.
The Property:
The offering comprises a single level character building, situated toward the front of the site. The building is constructed of predominately rendered brick elevations, iron deck roof with a bullnose return verandah and wooden floorboards.
Whist the property has been used as a residential dwelling, the versatile floorplate and abundant onsite parking will accommodate a variety of alternative commercial uses^.
Typical finishes consistent with the age and character of the building feature high ornate ceilings, large rooms, decorative architraves and fireplaces, lead light glazing and numerous other qualities, which proponents would expect and appreciate for such a property. The building further benefits from a 70sqm* undercroft storage area. There is also a balcony from which there is excellent views to the Darling Scarp.
Overall, the property has been well maintained and presents as a neat and tidy offering.
The property is complimented by a large bitumen finished rear parking area, which can accommodate car bays and can be directly accessed from a driveway situated along the southern side of the building. There is also an abundance of free street parking located directly infront of the property and along numerous side thoroughfares.
Zoning:
3 Wilson Street is zoned 'District Centre' under the Town of Bassendean Local Planning Scheme 11. The zoning allows for a variety of uses, including both commercial and residential, and proponents must make their own inquiries with relevant authorities in respect of their proposed use.
Tenancy Details:
The property is offered with Vacant Possession, providing potential owner occupiers with immediate availability to commence trading or reside.
Statutory Outgoings 2024-2025*:
Town of Bassendean Council Rates -$2,160*
Water Corporation- $1,225*
Office of State Revenue Land Tax -Not applicable to current ownership
For more information, or to arrange an inspection, please contact the Exclusive Selling Agent.
*Approx.
^STCA
