**Now Selling by Offers Invited - 42 Bennett Street, East Perth

42 Bennett Street, East Perth, WA 6004

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Location Description

The property is located on the east side of the CBD and is benefiting from ongoing rejuvenation and redevelopment of the area. Offers easy access to the Swan River and New Perth Stadium and is surrounded by cafes, amenities and is serviced by public transport including the CAT bus route.

Property Description

Lease Equity is pleased to offer for sale by 'Offers Invited' 42 Bennett Street, East Perth. A rare opportunity to purchase a landmark property in this highly sought after and tightly held location.

  • Sought after and tightly held CBD location
  • Suits a variety of uses and development possibilities
  • Includes a substantial freestanding building
  • High profile corner location
  • Land area 958sqm*
  • 4:1 Plot ratio
  • Holding income

The Opportunity

The property is suited to a wide range of possibilities including the redevelopment of the site or the refurbishment of the building for a range of office/retail or other similar uses (Subject to Council Approval).

Improvements
The property consists of a two level building with approx. 300sqm ground floor area and 58sqm first floor and includes full staff amenities and various open plan and partitioned offices. There is onsite parking for 15 cars.

Zoning
The City of Perth advise that the property is located in "Precinct 14 - Goderich " and is zoned 'Town Centre'.
The site has a plot ratio of 4:1 + bonuses (Subject to Council Approval)

Land Details
Frontage to Bennett Street - 26.55m
Frontage to Forrest Avenue - 39.69m
Total Land Area - 958sqm

Legal Description
Lot 7 on Diagram 49172.
Certificate of Title Volume 1420 Folio 906.

Tenancy
The property is sold subject to an existing lease to The Commonwealth Bank of Australia expiring 10 July 2018 with a current net income of $200,166 p.a.
Refer to Selling Agents for further information.

Goods and Services Tax
The Sellers are registered for GST and the property is sold as a "going concern".

Sale Conditions
The property is offered for sale by 'Offers Invited'. Offer documentation is available from the selling agents. Offers are to be lodged at the office of Lease Equity - Level 1, 604 Hay Street (Cnr Barrack Street), Perth.

 

For further information please contact Shane Isaacs of Lease Equity on 0408 883 987 or shanei@lease-equity.com.au.

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Property

**Now Selling by Offers Invited - 42 Bennett Street, East Perth

Substantial Freehold with Unlimited Potential
Lease Equity is pleased to offer for sale by 'Offers Invited' 42 Bennett Street, East Perth.…
Property Type: Office
Floor Area:

Interested in this Property? Speak to one of our
property specialists today.
Call us on (+618) 9426 1777

Listing Summary

Listing Type

Sale

Property Type

Office

Interested in this Property? Speak to one of our property specialists today.
Call us on (+618) 9426 1777