CASE STUDIES RAY WHITE COMMERCIAL (WA)
VACANT POSSESSION GREAT INVESTMENT OPPORTUNITY Carnarvon WA, 12 Camel Lane
The building improvements consist of a single level building utilised until recently as an operational tavern, consisting of internal bar areas, courtyard and a large drive thru bottle shop. There is also a separate building fronting Alexander St accommodating a beauty salon.
• • •
Carnarvon Tavern - ‘The Troppy’ Drive thru bottle shop - 7 day trading 2,136m2* of prime dual frontage land
Sale Price
$495,000
Sale Date
Under Offer
Site Area
2,136m2
Yield - passing
n/a
Vendor
PwC (Liquidators)
Purchaser Sales Process Expressions of Interest campaign with 14 enquiries and 3 offers
*approximately
Phil Zoiti +61 419 993 656 phil.zoiti@raywhite.com
Sales Analysis
Brett Wilkins +61 478 611 168 brett.wilkins@raywhite.com
raywhitecommercialwa.com
REGIONAL HOSPITALITY INVESTMENT Bunbury WA, 18 Wittenoom Street
The property is fully tenanted for a further 6.5 years plus a further 5 year option. The property comprises of a 50 seat Indian restaurant named Jo’s Curry House, 2 fully equipped kitchens, male & female toilets, a courtyard.
Located in inner-city Bunbury the property is walking distance to hundreds of shops, entertainment centres and landmarks including Centrepoint Bunbury, Bunbury Regional Entertainment Centre, Bunbury Foreshore and Koombana Bay. The City of Bunbury has a population just over 33,000 and continues to grow every year making this property a wise investment choice. *approximately
Brett Wilkins +61 478 611 168 brett.wilkins@raywhite.com
Sales Analysis Sale Price
$440,000
Sale Date
Oct 2019
Site Area
212m2
Yield - passing
n/a
Vendor
EY (as Agent for the Mortgagee)
Purchaser
Private Investor
Sales Process Expressions of Interest campaign with 21 enquiries and 4 offers
Russ Parham +61 499 552 255 russ.parham@raywhite.com
raywhitecommercialwa.com
DEVELOPMENT SITE AND HOLDING INCOME East Cannington WA, 230 Railway Parade
*Outline indicative only
The property has a total land area of 6,351m2* being rectangular in shape having a frontage of 100 metres to Railway Parade and an average depth of 65.80 metres. The site is improved with a circa built 1970’s stand-alone office and workshop/warehouse facility with approximately 1,650m2 unsealed hard stand area having a Gross lettable Area of 2,365m2.
• • • • •
Land area - 6,351m2* Significant mix use development potential Office/ warehouse area of 2,365m2* Leased with Redevelopment clause Opposite Cannington railway station
Sale Price
$2,850,000
Sale Date
Under Offer
Site Area
212m2
Yield - passing
5.96%
Vendor
EY (as Agent for the Mortgagee)
Purchaser
Private Investor
Sales Process Expressions of Interest campaign with 29 enquiries and 5 offers
*approximately
Brett Wilkins +61 478 611 168 brett.wilkins@raywhite.com
Sales Analysis
Chris Matthews +61 413 359 315 chris.matthews@raywhite.com
raywhitecommercialwa.com
INDUSTRIAL HARDSTAND AND DEVELOPMENT SITE Wattleup WA, 950 Rockingham Road
*Outline indicative only
Large development site within the Latitude 32 Industrial precinct. Strategically positioned along the highway linking the South Coastal areas from Rockingham to Fremantle offering flexibility to use the current site as an industrial yard while also preparing for future development.
• • • •
30,703m2* Part of Lattitude 32 Development Area 5 Preliminary planning designs undertaken
Sales Analysis Sale Price
$1,100,000
Sale Date
Apr 2019
Site Area
30,703m2
Yield - passing
n/a
Vendor
RCG Pty Ltd (in liquidation) (AVIOR)
Purchaser
Private
Sales Process
*approximately
Expressions of Interest campaign with 15 enquiries + 3 offers Enrique Reyes +61 421 888 688 enrique.reyes@raywhite.com
Brett Wilkins +61 478 611 168 brett.wilkins@raywhite.com
raywhitecommercialwa.com
TWO CONTAMINATED SITES Wattleup WA, 962 Rockingham Road & 13 Musson Road
*Outline indicative only
Two large development sites are part of the Latitude 32 master planned industrial area.
• • • •
97,568m * total area Part of Lattitude 32 Development Area 5 Preliminary planning designs undertaken 2
*approximately
Sales Analysis Sale Price
$900,000
Sale Date
Apr 2019
Site Area
97,568m2
Yield - passing
n/a
Vendor
RCG Pty Ltd (in liquidation) (AVIOR)
Purchaser
Private
Sales Process Enrique Reyes +61 421 888 688 enrique.reyes@raywhite.com
Brett Wilkins +61 478 611 168 brett.wilkins@raywhite.com
Expressions of Interest campaign with 15 enquiries + 3 offers
raywhitecommercialwa.com
RANGE OF MEDICAL SUITES Karrinyup WA, Units 5, 14 & 16/86 Francis Avenue
A modern 3 level strata titled development in one of Perth’s premier north western suburbs directly opposite from Karrinyup Shopping Centre.
• Medical suites ranging from 49m2 - 127m2 • Brand new suites • Wheelchair friendly building • Prime corner exposure *approximately
Tom Jones +61 478 771 117 tom.jones@raywhite.com
Brett Wilkins +61 478 611 168 brett.wilkins@raywhite.com
Sales Analysis Sale Price - Units 14 & 16
$330,000 + GST
Sale Date - Units 14 & 16
Oct 2019
Sale Price - Unit 5 $127,000 + GST Sale Date - Unit 5 Under Offer Site Area
49m2 - 127m2
Yield - passing
n/a
Vendor
FTI Consulting
Purchaser
Private Investors
Sales Process Private Treaty
raywhitecommercialwa.com