10 Walker Avenue, West Perth WA 6005

As Exclusive Selling Agents, we are delighted to present to market For Sale, 10 Walker Avenue, West Perth.

10 Walker Avenue encompasses an appealing, well-maintained character building consisting of a single-storey 200sqm* office / consulting rooms with a mezzanine level. It boasts ample parking space at the front, side, and rear of the premises. The 708sqm* underlying land area offers versatility in use and is supported by a planning framework that allows for higher density redevelopment possibilities. Currently a junior resource exploration company occupies the premises on an informal periodic lease basis.

Key Benefits:
• Suitable for character offices, consulting rooms, or alternative uses (STCA)
• Land Area: 708sqm*
• Building Area: 200sqm*
• 10-15 car parking bays
• Exclusive 'Kings Park' locale
• Positioned on the high side of the street for an elevated outlook
• Convenient access to the Perth CBD through the gateway connectivity
• Generous frontage and street presence
• Rear access through a sealed and gazetted Right of Way (ROW)
• Monthly holding income
• Zoning 'Office/Residential' use
• Draft of the new scheme suggests a 'Medium Scale Mixed Use'
• Proposed increased height (up to 12 storeys) and plot ratio

Location:
The enviable location is within Perth's free transit zone which provides convenient access to the CBD and is walking distance to Perth's renowned Kings Park, the western end of Subiaco and West Perth's Hay Street amenity hub. It is also strategically located near major arterial roads, freeways north and south providing excellent connectivity to the CBD, western suburbs and surrounds.

West Perth has transformed into a dynamic landscape featuring a blend of corporate office buildings, medical premises, retail spaces, hospitality venues, and entertainment facilities. In addition to being the key office precinct outside the Perth CBD, modern residential infill projects such as high-density mixed-use buildings and hotels are soon to become an integral part of this evolving urban precinct.

Planning:
The City of Perth is currently in an advanced stage of adopting a new planning scheme, with a particular focus on the renewal of the West Perth precinct. This initiative is poised to pave the way for increased height and diverse infill development, bringing about an increase in population and the enhancement of amenities.

Additional Opportunity:
12 Walker Avenue, West Perth is also available to purchase which comprises 200sqm of recently renovated and refurbished character office / consulting rooms and sits on 708sqm of land area benefitting from ROW access.

Statutory Outgoings (FY 22/23 Estimate):
Land Tax $10,218* pa
Council Rates $7,838.50* pa
Water Rates $2,242.26* pa

Please contact the Exclusive Selling Agents Jack Bradshaw and Jake Wallman to arrange and inspection or further information.

* approximate
(STCA) Subject to Council Approval