Own this iconic freehold asset available with a leaseback to Dragon Palace.The ultimate multi-function entertainment venue, with substantial capacity. Future high density development potential, to extend or redevelop entirely.Building features:- 1,679sqm* lettable area (GLAR)- 22 secure undercroft parking bays- 300 capacity dining area- 130 capacity function area- 3 private dining rooms- 25 karaoke rooms- 2 bars- Lift- Liquor licence- Full Kitchen- Grease trap- Exhaust Site features:- 988sqm site area- 30.28m frontage to Francis Street- 4:1 plot ratio- 20% bonus available (4.8:1)- 7m above street level and then within a 45% plane thereafterFor further information or to arrange an inspection, please contact the Agents:Stephen HarrisonRay White Commercial (WA)M: 0421 622 777E: stephen.harrison@raywhite.comBrett WilkinsRay White Commercial (WA)M: 0478 611 168E: brett.wilkins@raywhite.comPhil ZoitiRay White Commercial (WA)M: 0419 993 656E: phil.zoiti@raywhite.com* approximate
The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2016 was 1307 people. By 2021 the population was 1420 showing a population growth of 8.6% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation.In 2021, 31.10% of the homes in Northbridge were owner-occupied compared with 34.00% in 2016.
Northbridge has 1,313 properties. Over the last 5 years, Houses in Northbridge have seen a 57.13% increase in median value, while Units have seen a 62.32% increase. As at 30 April 2026:
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