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60/255 Adelaide Terrace, Perth WA 6000

Asking $1,000,000 ono
Retail
60/255 Adelaide Terrace, Perth WA 6000

1ST TIME OFFERED!

Manhattan Towers Café Opportunity

WHY LEASE WHEN YOU CAN BUY?

Interested Parties - Viewing Opportunity
Sunday March 24th
Between 11.00am to 12.00pm - must contact Michael on 0412 470 468

Endless possibilities to grow your market exist with this centrally located retail opportunity within a short walk of the CBD, Swan River and Langley Park.

With a price guide of Asking $1,000,000 ono (wiwo), this property is perfect for those looking to expand their portfolio or start a new business venture. The property also boasts other features such as being part of an apartment building (think ready made customer opportunities), modern architecture to enhance the 'feel' potential customers will associate with an operating business, and close proximity to a variety of businesses and office buildings to create a plethora of potential customer base opportunities for the savvy marketer.

Located in the heart of Perth, this retail property features an overall floor/land area of 190 sqm including the 60sqm of external undercover area and an internal building area of 129 sqm and the very impressive & unique building at Manhattan Towers was constructed in 2002 as a primarily residential building consisting of multiple level residential units and one ground floor commercial unit - that being Baker's Terrace café/restaurant.

Outstanding Benefits:

• Baker's Terrace - the name has in the past been established as a popular eatery for local business employees (known to local customer base)
• High profile building of Manhattan Towers - easily recognisable landmark to help build a brand
• Located at the foyer entry to the residential complex - excellent opportunity with potential clientele walking past every day of the week!
• Elevated alfresco area - whilst sitting at street level is generally fine it goes without saying that an elevated aspect can be highly appealing
• Full width folding glass doors to the servery area - ability to open internal floor space to combine with the alfresco during operating hours

Proximities - Amazing Opportunities

• Perth Concert Hall - approx 200m provides a huge opportunity for the savvy business owner (I for one often look for a nearby eatery prior to or following a concert from one of the many world class entertainers who perform there )
• River Foreshore - approx 425m, think cup of coffee, light meal, lunch or dinner followed by a stroll along the river
• Langley Park - approx 260m another showcase opportunity to provide a much needed eating venue before attendees stroll to the many public events staged by the City of Perth in the area
• Multiple 3, 4 & 5 Star Hotels - The Duxton, Mercure, Novotel, Pan Pacific & others within a 250m to 300m radius (what an opportunity)
• Royal Perth Hospital, St Mary's Cathedral - within 400m, imagine making your business the perfect 'go-to' spot for these visitors & employees
• Supreme Court Gardens - within 600m, another prime venue where visitors could enjoy your culinary delights with a perfect distance to stroll & walk off a satisfying meal
• .........so many more landmarks & businesses with endless opportunities for the astute business operator to take advantage of the superb central positioning of Manhattan Towers & Baker's Terrace - for me the Perth Concert Hall alone could be a massive source of loyal clientele with the regular attendees (not to mention the 50 + units contained within the building itself - the majority of who's occupants will pass your business every single day!).

Note: I have personally stood in the foyer for an hour with what seemed to be an endless (almost relentless) flurry of Uber Eats delivery persons arriving to provide food and drinks to the residents of Manhattan Towers! Food for thought: imagine harnessing that potential alone, the opportunities are truly staggering for the discerning business opportunist/entrepreneur I think you will agree.

Don't miss out on this rare opportunity to own a retail property in a central near river area. Contact us today to schedule a viewing and make this property yours! Call Michael Edwards on 0412 470 468 for further information and to arrange your own private viewing asap.

Property features

  • Land area 190m2
  • Floor area 129m2
  • Tenure type Vacant possession
  • Outgoings $24,551

Property snapshot by reiwa.com

This commercial property at 60/255 Adelaide Terrace, Perth is listed for sale by Michael Edwards at EMG X Property Solutions.

It has been described by the agent as ‘1ST TIME OFFERED!’.

If you would like to get in touch with Michael Edwards regarding 60/255 Adelaide Terrace, Perth, please call 0412 470 468 or contact the agent via email.

Cost breakdown

  • Council rates: $5,252 / year
  • Water rates: $2,129 / year
  • Strata fees: $4,292 / quarter

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