502/27 Gairdner Street

Northam WA 6401

All services normal to the locality are available to the property including power, scheme gas, scheme water and deep sewerage. The addition of a 30 KW Solar Power and 500 L Solar HWS with electric booster led to cost savings on electricity outgoings of approximately $1,500 per month. NBN is available to the building - fibre to the distribution point.
Featured on the property is a multi storey building, comprising single bedroom facilities, communal bathrooms and communal kitchen and recreational facilities. Internal access is available between the three buildings of which two of the buildings are single storey and the middle being three storeys.
The ground floor features a large, open plan lounge and dining room in the western building. The central building ground floor features a reception area, staff ablutions, several store rooms/original boiler room, nurses quarters, seven separate rooms used as offices, a laundry and a commercial sized kitchen.
The first and second floors are identical, each featuring sixteen rooms, with built in robes, smoke detectors and wall mounted air conditioners. Both floors feature a communal bathroom with two showers, three wc's, hand basins and a wall mounted mirror.
The lounge room features timber laminate flooring, fluorescent lighting and three wall mounted air conditioners. The main building features two concrete stairwells on the eastern and western end. Floor coverings consist of bare concrete flooring, vinyl, carpet, and carpet tiles. Stainless steel finishes to the laundry and kitchen include a 6 burner upright electric stove and oven and a four burner electric stove top. The property is securely fenced and features a bitumen car park with twenty one car bays.
IMPROVEMENTS:
Lounge room: 205.2 m/2
Ground floor: 467.8 m/2
First floor: 367.6 m/2
Second floor: 367.6 m/2
Total Lettable building space: 408.2 m/2
LOCATION:
The site is located approximately 500 meters south east of the main commercial district of Northam on Fitzgerald Street and 96 kilometres east of Perth via the Great Eastern Highway. A Public and Private Catholic School is available in the district. Muresk Institute on Spencers Brook Rd is only approximately 15 minutes away.
Northam is the administrative centre with a local population of approximately 7000 people for the Shire and provides services to the local agricultural community with a catchment of approximately 25,000. The town has seen progressive investment in the commercial sector with approximately 200 Million planned for the Shire. Past and future projects include the addition of the new Hospital at a $45 M investment, the Northam Village Square with National Tenants Aldi Super Markets, Coles Supermarket, Best & Less, smaller retailers and a Coles Express Service Station. Future development potential along Fitzgerald street include a proposed Co-work space, refurbished Dome Cafe', approval for a prospective 150 seat restaurant, new Aboriginal Culture Centre at a 6M investment and potential for a future hotel development. Investment along Peel Terrace include the new Youth Centre with a $1.5M investment and the planned Aquatic Centre attracting investment of near $8-10M.
More information is available in the video link with an overview of the Towns vision and aspiring future developments.
Interested parties are invited to submit offers by Tender closing 10 December 2018 at 4:00 p.m.
Tender documents and an information memorandum will be available within 3 business days of request by contacting the selling agent: Johann Dique at Thought Leaders Real Estate.