11 Wanneroo Road, Joondanna WA 6060

Retail
For Sale Offers Invited

Outstanding Value-Add Freehold Opportunity

Retail - Joondanna WA

Burgess Rawson are pleased to present to the market for sale 11 Wanneroo Road, Joondanna. Offered for sale for the first time in 55 years this rare freehold commercial opportunity benefits from fantastic surrounding amenity and offers buyers a large multitude of options;

– Occupy the whole building
– Occupy part of the building and collect rent from the rest
– Rent out the entire building
– Refurbish and redevelop the existing improvements or property as a whole

The property sits on a large 905sqm parcel of land and comprises a solid two level brick building with an approximate building area of 540sqm*. The building has a variety of suites appealing to a number of different occupants including a restaurant, a veterinary hospital and an office. The building is separated with common plus first floor lobbies and 5 suites. There are two periodic leases in place offering a holding income from a printing business and a beauty salon. There is also ample onsite parking with 17 car bays.

The property also has a large 20 metre frontage to Wanneroo road offering prime exposure with over 30,000** passing vehicles each week.

The property enjoys excellent accessibility to key amenity and resides just;

– Neighbouring St Denis Primary School
– 250 metres* from Dog Swamp Shopping Centre (anchored by Woolworths, Coles and Aldi)
– 160 metres* to London Street
– 550 metres* from both Charles and Walcott Street entries
– 5.8kms* from the Perth CBD
– 1.5kms* from Yokine reserve
– 20 metres* from Transperth Bus stop
– 3.4kms* from Leederville Entertainment Precinct
– 2.6kms* from Main Street Restaurant and Business Precinct

The property has the following features;

– 905sqm* Land Area
– 20 metre frontage to Wanneroo Road
– Improvements of 540sqm*
– 17 onsite parking bays
– Excellent exposure & signage opportunity
– 20 metre frontage to Wanneroo Road
– High volume of passing traffic daily
– Multitude of uses for a variety of buyers
– 2 existing periodic tenancies offering flexibility of use and income
– Suit Owner Occupiers, Investors and Developers
– Ideally located with easy access to key amenity

Legal Description
Lot 35 on Diagram 16860 Certificate of Volume 1564 Folio 589.

Zoning
The property is zoned ‘Local Centre’ according to the City of Stirling Local Planning Scheme No.3.

Possession
The property can be sold with 2 periodic leases in place or with vacant possession.

Offers Invited

For further details please contact the exclusive selling agent Luke Randazzo on 0417 181 309. or Robert D’Onofrio on 0411 559 989.

*approx.
** Mainroads 2021/2022 average Monday to Friday

Property Features
  • Retail
  • Land is 905 m²
  • Floor Area is 540 m²
Commercial Features
Highlight 1

Zoned ‘Local Centre’

Highlight 2

First time offered for sale in 55 years

Highlight 3

Rare Freehold City Fringe Asset

SIMILAR PROPERTIES
  • 1/10 Marchant Way, MORLEY WA 6062

  • 4/44 Barry Marshall Parade, Murdoch WA 6150

  • 119 Kurnall Road, WELSHPOOL WA 6106