360 Fitzgerald Street

North Perth WA 6006

Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale via submissions of offers this exciting opportunity at 360 Fitzgerald Street, North Perth.THE LOCATIONSituated within the developing, vibrant precinct of North Perth, and only minutes from Hyde Park, Leederville, Highgate,West Perth and the Perth CBD.Fitzgerald Street represents the heart of North Perth's commercial precinct, a lively and energetic place for business, dining and shopping - home to a diverse and growing array of commercial activity as well as being a highly sought after residential address. A precinct in the midst of much change and projected capital investment.THE DETAILSSite improvements: 680m2 (for indicative purposes only, not to be relied upon)Site area: 1,310m2 Over 27m of Frontage to Fitzgerald Street covering 2 lots.260m to the North Perth Plaza on Fitzgerald Street.Improvements consist predominantly of original brick and iron construction.There is potential for up to a 4 story development STCA.STCA - subject to Council Approval.Interestingly, the buildings used to house the Rosemount Gardens Cinema from approx 1929 - 1950s, which could serve as a unique narrative in the marketing of a future development.RESOURCESPlease Refer to the City of Vincent (COV) website for further informationBuilt Form Local Planning Scheme 2THE LEASE DETAILSPeriodic Holding Income of $27,826 plus GST and outgoings.ZONINGThe City of Vincent advises the property is zoned Commercial under LPS2 - which provides for a large array of permitted and discretionary uses.Build Form Area - Activity CorridorTHE FINANCIALS2023 Statutory Outgoings:Water Rates $ 4,841.64Council Rates $ 7,611.26Parking Levies $ N/ALand Tax $11,244GST status: All figures + GSTSale Price Offers from $2,000,000For further details or to arrange an inspection, please contact Anna Valentine.