Cygnet West is pleased to present this versatile property in the growing Guildford precinct.

48a James Street occupies a total land area of 2,142 square metres and includes improvements comprising two free standing buildings which can be occupied by one or more tenants. This makes for a highly flexible investment opportunity for a private investor, or owner occupier.

Key Features

Land Area: 2,142 sqm
Improvements
Building A: 420 sqm
Building B: 430 sqm
Parking: 28 bays

Zoned ‘Light Industrial’, the permitted uses under the City of Swan TPS provides for a wide range of business activities.

Given the configuration of improvements over the site, the opportunity also exists for a buyer to subdivide the property into two distinct halves, either by a survey-strata subdivision or merely by leasing to separate tenants. Discussion with a local town planning consultant has indicated that this is achievable (subject to Council approval).

Location

James Street is an important link between Guildford and Midland townsites. The property lies equidistant between Guildford and East Guildford stations with Midland Station being the next stop to the East.

The popular Guildford Village is within easy walking distance, comprising offices, cafés and hotels. The Guildford Post Office is just across the railway line. Further afield, the property is minutes away from major transport links, and key industrial and commercial areas and the Perth Airport. The Eastern corridor continues to grow apace with ever increasing improvements to transport infrastructure and amenity.

Improvements

Total improvements comprise 850 square metres of brick and iron construction currently configured for office and/or consulting room use. Fully partitioned, the improvements also comprise good quality amenities throughout allowing an occupier to walk in and commence operations.

It is expected that a buyer will look to refurbish and reconfigure the interior and provide a business headquarters that would become a landmark in the precinct, which would service the growing eastern corridor.

This property is offered via Offers to Purchase. Please contact the below agents for pricing.