'Wembley Central' - Investment Development Opportunity
Type: FOR SALE
- Category :
- Land Area:2926 Square Metres
- Building Area: 2258
- Tenancy: Tenanted
Ray White Commercial (WA) Lease Equity are proud to offer an exceptional opportunity to acquire 353 Cambridge Street, Wembley, Western Australia ("Wembley Central").
Wembley Central is superbly located with great frontage to Cambridge Street directly opposite the Wembley Hotel within the Wembley Town Centre.
The buildings and multiple tenancies provide strong cash-flows whilst future development plans are prepared.
The property comprises a mixed use, retail/commercial development known as "Wembley Central", contained within two separate buildings.
- Building Area: 2,258sqm*
- Land Area: 2,926sqm*
- Significant Wembley Town Centre Asset
- AAA Location directly in the heart of Wembley, opposite the renown Wembley Hotel
- 4.5 Star NABERS Energy Rating
- Diversified Tenancy Mix comprising local, national and international tenants.
- Opportunity to redevelop up to 5 Storeys (Subject to Council Approval)
- Value Add through new lettings and tenancy restructures
- Favourable "Local Centre" zoning providing flexibility with development use and tenancy mix
- High quality improvements with good parking ratios attractive to the tenants and visitors to the sites.
Wembley Central is located within the established, inner western suburb of Wembley, a distance of approximately five kilometres slightly north west of the Perth Central Business District.
The property is situated to the southern side of Cambridge Street in the heart of Wembley, directly opposite the Wembley Hotel, approximately 100 metres west of the intersection of Cambridge and Jersey Streets.
Cambridge Street is a major arterial road providing direct access between the affluent suburb of City Beach and the Perth CBD.
For further information or to arrange an inspection please contact:
Ray White Commercial (WA)
M: 0478 611 168
M: 0420 880 880