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'Cop The Lot' - An Investment That Has it All - **SOLD**

403 – 407 Albany Highway Victoria Park WA 6100

Sold
  • Retail, Land/Development
  • 662 m²

Rarely do opportunities present themselves to get it all. This property offers multiple options to the purchaser including:

VALUE ADD OPPORTUNITY
Substantial rent growth possible based upon comparable rents being paid along Albany Highway, Victoria Park.

OUTSTANDING LOCATION
Enjoy excellent exposure to passing traffic in this strategic location on one of Perth’s best retail strips, with many major national and prominent local retailers surrounding the property.
The property is situated 5km* south west of the Perth CBD, opposite the Victoria Park Central Shopping Centre including a full line Woolworths Supermarket, with has a pedestrian estimate at 2.3M and a MAT of $50.6M*.

REDEVELOPMENT POTENTIAL
The property has a holding income and also the potential to develop with the current zoning allowing up to three (3) levels (Please consult with the City of Victoria Park for confirmation and specifics).

The property benefits from two street rear access providing enhanced development potential for the prospective purchaser.

For further information or to arrange and inspection please contact our office today on (08) 9426 1777.

*Approx

Jim Tsagalis
Managing Director
0411 760 760

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