A thriving precinct opportunity for Owner Occupiers, Investors and future Developers await.
Belle Property Commercial Perth, are excited to present to market 957 Beaufort Street, Inglewood situated on a 615sqm land holding and comprising of two separate tenancies located on the developing Inglewood Strip of Beaufort Street.
A unique opportunity for a owner occupier or developer or Investor looking to acquire a Beaufort Street property which is leased within a developing hospitality and retail precinct in Inglewood. The property is currently leased to two separate tenants with potential to owner occupy tenancy 1 (Warehouse/Showroom/Office).
The property is situated on the northbound side of Beaufort Street offering prominent street exposure to passing traffic with over 25,000*+ vehicles passing everyday whilst being surrounded by great local amenity.
Investment Highlights
- Highly Exposed Location placed on a well positioned 615sqm site with approximately 15m frontage to Beaufort Street.
- Investment - Secure Cash Flow with two separate covenants.
- Occupy - Potential to owner occupy tenancy 1 (Warehouse/Showroom/Office).
- Development - Located within the Beaufort Street Development Plan encouraging revitalisation of Beaufort Street.
- Established Retail & Hospitality Precinct surrounded by great amenity along Beaufort Street.
Land Area 615sqm*
Tenancy 1) Warehouse/showroom/office - 190sqm NLA* - Occupied by Thomasz Group
Tenancy 2) Retail/Pizzeria - 87sqm* NLA - Occupied by Two Mad Tuscans
Height Limit: 4 Storeys* (STCA)
Method of Sale
For sale via "Expressions of Interest" campaign, closing Tuesday 19th November 2024 at 5.00pm (AWST) (Sold as a going concern). The Seller reserves the right to accept an offer prior to the campaign closing. A copy of the EOI document and IM can be supplied upon request.
Town Planning
Zoned "Mixed Use" under City of Stirling Planning Scheme No.3. The subject property has a 4 storey* height limit and forms part of the North Inglewood Mixed Use Precinct.
For further information or to arrange an inspection, please contact the selling agents.