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25, 31 & 33 Wittenoom Street, East Perth, WA 6004

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25, 31 & 33 Wittenoom Street, East Perth, WA 6004

25, 31 & 33 Wittenoom Street, East Perth, WA 6004

Properties / Buy / Western Australia / East Perth
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Industrial
Sub Type
Office
Land Area
1,416 m² (*approx)
Selling Method
EOI: Closing Friday 8th November at 2:00pm (AWST)
EOI Closing Date
8 Nov 2024 02:00PM
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2. Property Highlights

FRINGE CBD VALUE-ADD INVESTMENT OPPORTUNITY
  • FOR SALE INDIVIDUALLY OR ‘IN ONE LINE’
  • OCCUPY, INVEST OR REDEVELOP
  • SIGNIFICANT DEVELOPMENT UPSIDE

Cushman & Wakefield & The Agency Projects are pleased to present For Sale one of Western Australia’s most exciting value add commercial investment opportunities for 2024, offering to the market ‘in one line’ or individually, 25, 31 and 33 Wittenoom Street, East Perth.

Located in the high-growth inner city precinct of East Perth, this unique opportunity offers investors & developers incredible repositioning and redevelopment potential, supported by existing lease structures, multiple titles, and the configuration and quality of improvements.

The opportunity also offers owner-occupiers the opportunity to take a foothold in one of Perth’s most sought-after fringe CBD residential and commercial precincts, with immediate access to the Perth CBD, and the heart of East Perth’s shopping, café, restaurant, retail, public transport, and service amenities.

The assets provide a combined 1,416sqm* of land area across three titles and over 1,275sqm* of building area.

25 Wittenoom Street, East Perth

• Offered with ‘Vacant Possession’

• 595sqm* Warehouse on a 608sqm* land parcel

• Zoning: Normalised Redevelopment Area

• Plot Ratio: 1.5 : 1.0 (Max 2.5 : 1.0)

31 Wittenoom Street, East Perth

• Securely Leased to Hearing Australia until March 2026 + Options

• Net Passing Income: $77,370pa*

• Lease Expiry: 31/01/2026

• 285sqm* Office on a 404sqm* land parcel

• Zoning: Residential / Commercial

• Plot Ratio: 3.0: 1.0

 

33 Wittenoom Street, East Perth

• Offered with ‘Vacant Possession’

• 395sqm* Office/Warehouse on 404sqm* land parcel

• Zoning: Residential/Commercial

• Plot Ratio: 3.0: 1.0

Approx*

For Sale individually or ‘in-one-line’ by way of an Expressions of Interest campaign closing Friday 8th November at 2:00pm (AWST).

For further information or to request the Information Memorandum, please contact the exclusive joint selling agents from Cushman & Wakefield & The Agency Projects below.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Industrial
Sub-type
Office
Land Area
1,416 m² (*approx)
Selling method
EOI: Closing Friday 8th November at 2:00pm (AWST)
EOI Closing Date
8 Nov 2024 02:00PM

2. Property Highlights

FRINGE CBD VALUE-ADD INVESTMENT OPPORTUNITY
  • FOR SALE INDIVIDUALLY OR ‘IN ONE LINE’
  • OCCUPY, INVEST OR REDEVELOP
  • SIGNIFICANT DEVELOPMENT UPSIDE

Cushman & Wakefield & The Agency Projects are pleased to present For Sale one of Western Australia’s most exciting value add commercial investment opportunities for 2024, offering to the market ‘in one line’ or individually, 25, 31 and 33 Wittenoom Street, East Perth.

Located in the high-growth inner city precinct of East Perth, this unique opportunity offers investors & developers incredible repositioning and redevelopment potential, supported by existing lease structures, multiple titles, and the configuration and quality of improvements.

The opportunity also offers owner-occupiers the opportunity to take a foothold in one of Perth’s most sought-after fringe CBD residential and commercial precincts, with immediate access to the Perth CBD, and the heart of East Perth’s shopping, café, restaurant, retail, public transport, and service amenities.

The assets provide a combined 1,416sqm* of land area across three titles and over 1,275sqm* of building area.

25 Wittenoom Street, East Perth

• Offered with ‘Vacant Possession’

• 595sqm* Warehouse on a 608sqm* land parcel

• Zoning: Normalised Redevelopment Area

• Plot Ratio: 1.5 : 1.0 (Max 2.5 : 1.0)

31 Wittenoom Street, East Perth

• Securely Leased to Hearing Australia until March 2026 + Options

• Net Passing Income: $77,370pa*

• Lease Expiry: 31/01/2026

• 285sqm* Office on a 404sqm* land parcel

• Zoning: Residential / Commercial

• Plot Ratio: 3.0: 1.0

 

33 Wittenoom Street, East Perth

• Offered with ‘Vacant Possession’

• 395sqm* Office/Warehouse on 404sqm* land parcel

• Zoning: Residential/Commercial

• Plot Ratio: 3.0: 1.0

Approx*

For Sale individually or ‘in-one-line’ by way of an Expressions of Interest campaign closing Friday 8th November at 2:00pm (AWST).

For further information or to request the Information Memorandum, please contact the exclusive joint selling agents from Cushman & Wakefield & The Agency Projects below.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

25, 31 & 33 Wittenoom Street, East Perth, WA 6004

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
25, 31 & 33 Wittenoom Street, East Perth, WA 6004 East Perth
Cushman & Wakefield - Perth
Cushman & Wakefield - Perth
level 14, 225, Saint Georges Terrace, Perth, City of Perth, Western Australia, Australia, 6000
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