Prime Leased Investment With Development Upside

High Exposure Corner Site - 3 Street Frontages
An outstanding opportunity to secure a substantial leased commercial investment positioned on a high profile corner along Great Eastern Highway in the sought after Ascot commercial precinct.
This versatile property comprises multiple refurbished Office/Warehouse and office buildings, providing a diversified income stream with strong future redevelopment potential.

PROPERTY HIGHLIGHTS:
- Total Land Area: 3,945 sqm
- Current Holding Income: $232,265 per annum
- Three Street Frontages - exceptional exposure and accessibility
- Excellent access via Kalgoorlie Street and Keymer Street
- Ample onsite parking

IMPROVEMENTS:
228 Great Eastern Highway
- Total Area: 220 sqm
- Refurbished office/warehouse
- 70 sqm office/showroom plus 150 sqm warehouse
230 Great Eastern Highway
- Total Area: 520 sqm
- Refurbished office/warehouse
- 170 sqm office/showroom plus 350 sqm warehouse
232 Great Eastern Highway
- 310 sqm two-level office building
- Combination of partitioned offices and open plan areas
- Amenities on both levels
- Additional double garage for storage
234 Great Eastern Highway
- 460 sqm two-level office building
- Large reception area with multiple partitioned offices
- Predominantly ground floor office layout

Strategically located in Ascot, this property benefits from excellent connectivity to major arterial roads including Great Eastern Highway, providing direct access to the Perth CBD, airports and surrounding commercial/industrial precincts.

INVESTMENT & UPSIDE:
- Secure holding income with multiple tenancies
- Prominent corner position with strong exposure
- Significant future redevelopment potential (STCA)

Rare opportunity to acquire a large landholding in a tightly held location

Offers to Purchase Closing 30th April 2026 4PM (wst)
(The owner reserves the right to accept an offer prior to the closing date)