11 Wanneroo Road JOONDANNA WA 6060
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DESCRIPTION

Offers Invited - City Fringe Office | Vet | Beautician | Printer | Restaurant - in separate suites - Vacant Possession possible - Excellent Development Potential ( * is meaning approximately ) LJ Hooker are pleased to present to the market for sale 11 Wanneroo Road JOONDANNA with a 5 separate suite commercial building improvement and a current mixed use development potential level rectangular block with a 20m eastern facing facade The previous Owner built in 1980 and ran the veterinary hospital downstairs in suite A for 45 years he was the proprietor of the land since 1968 and now this rare freehold commercial opportunity which benefits from fantastic surrounding transport and amenity is for sale and offers investors or developers a large multitude of options Potential Lease Asking per Suite $25,000* net + VO's $3000* + GST ( $250* sqm ) Sale Asking Price EOI + $2,000,000 + GST ( if applicable ) Currently two periodic leases : contact agent GST $5000.00* current two periodic leases Council $6,815.98 Water $5,004.84 Land $11,408.15 CofC $3000.00* 24/25 Shops & Retail • Medical & Consulting • Development Sites & Land Local Zoning allows many uses that benefit the area Key property information Land area *905 m² Floor area *540 m² Retail Offices | Restaurant and Doctors Surgery in prime JOONDANNA Location Outstanding Business and Development Opportunity Super Blue Chip Freehold and Goodwill • Zoned 'Local Centre' • Recent owner held for 55 years • Rare Blue Chip Green Title City Fringe Freehold Asset - Occupy the whole building - Rent out the entire building - Occupy part of the building and collect rent from the rest - Refurbish and redevelop the existing improvements or the property as a whole The property sits on a large 905sqm* parcel of land and comprises a solid two level brick and tile building with an approximate lettable interior building area of 540sqm* plus common areas and 17 car bays. The building has a variety of suites appealing to a number of different occupants including a restaurant, a veterinary hospital and office space. The building is separated with common plus first floor lobbies and basically 5 suites. There are two periodic leases in place suites C and E offering a holding income from a printing business and a beauty salon. There is ample onsite parking with 17 car bays and plenty of adjacent parking. The property also has a large 20 metre frontage to Wanneroo road offering prime exposure and with generally over 30,000* vehicles passing daily The property enjoys excellent accessibility to key amenity and resides nearby - 5.8 kms* from the Perth CBD - 1.5 kms* from Yokine reserve - 160 metres* to London Street - 20 metres* from Transperth Bus stop - Neighbouring St Denis Primary School - 3.4 kms* from Leederville Entertainment Precinct - 550 metres* from both Charles and Walcott Street entries - 2.6 kms* from Main Street Restaurant and Business Precinct - 250 metres* from Dog Swamp Shopping Centre ( anchored by Woolworths Coles and Aldi ) The property has the following features : - 905sqm* Land Area - 17 onsite parking bays - High volume of passing traffic daily - Lettable Improvements of 540sqm* - 20* metre frontage to Wanneroo Road - Multitude of uses for a variety of buyers - Excellent exposure & signage opportunity - Ideally located with easy access to key amenity - Suit Owner Occupiers Investors and Developers - 2 existing periodic tenancies in their 19th year of business - The periodic tenancies offer current flexibility of use and income 11 Wanneroo Road JOONDANNA has reliable NBN Fibre to the Curb and 5G mobile coverage. Built: 1980 Type: Retail Land size: 904m² Mobile coverage: 5G Additional features: Building coverage: 38% Building Footprint: 347m² Ground elevation: 20m Roof height: 8m Legal Description Lot 35 on Diagram 16860 Certificate of Volume 1564 Folio 589. Zoning The property is zoned 'Local Centre' according to the City of Stirling Local Planning Scheme No.3. Possession The property can be sold with 2 periodic leases in place or with vacant possession. Offers Invited For further information or to arrange an inspection contact the Agent