20 Jersey Street

Jolimont WA 6014

THIS MODERN CONTEMPORARY & FULLY LEASED OFFICE -STUDIO STYLE BUILDING WITH FUTURE HUGE DEVELOPMENT POTENTIAL!Introducing the Exclusive Property Listing by Vast Property GroupDiscover the epitome of modern contemporary style at 20 Jersey Street, Jolimont. This remarkable building, situated on the main arterial road of Jersey Street, between Hay Street, and Cambridge Street Jolimont. Offers unparalleled convenience with easy access to the Perth CBD & Southern & Northern Suburbs.Renovated to as a split studio style tenancy, this fully refurbished office /studio space sets the benchmark for a collaborative workspace and community hub within the Jolimont precinct. Seize the investment opportunity to capitalise on the exceptional current rental yielding income while exploring the potential for a long-term mixed-use- commercial and residential development, subject to Council approval.Property Highlights approximations:Total building improvements spanning 273 sqm approx.Tenancy- 1 space measuring approximately 135 sqm approx.Tenancy- 2 space measuring approximately 138 sqm approx.Amenities, Female & Male Toilets, Showers & passage way to rear car parking area Enter the premises through the main foyer or easily access the rear pedestrian door from the open air car parking area.KEY PROPERTY FEATURES AND BENEFITS:- Premier Jolimont location - Consisting of two Leased Tenancies (unit 1 and 2) - 4 open air car bays per Tenancy/unit at the rear of property - Rear access via roller doors - Polished concrete floors - Common ablutions and end of trip facilities - Natural light - Reverse cycle air-conditioning - Easy ingress and egress - Close access to Perth CBD - Suits investor to increase annual ROI yields. - ROI passing yield currently 4.87% Mixed Use -City of Subiaco Local Planning Scheme no - 5Zoned R- AC3Don't miss out on this exceptional opportunity! Contact Eddie Iustini at 0413 837 9... to request an information memorandum and schedule an inspection.Experience the pinnacle of contemporary sophistication at 20 Jersey Street, Jolimont.