273 Mill Point Road, South Perth.
An Exclusive Chance to Own a Premier Property in an Iconic Location.
I am proud to present an exceptional opportunity to acquire a notable landmark property zoned for local commercial use, standing on a coveted parcel of land. This property represents an exceptional investment opportunity due to its strategic business location with significant potential and its role as a legacy within the lively community of South Perth. Situated near the Swan River foreshore enhances its appeal, offering a view of the city from the ground and the promise of even more spectacular river and city views from a potential second storey. PROPERTY HIGHLIGHTS : • Premier location with iconic restaurant "Ciao Italia" as the long term tenant • Generous Green Title land size of 721sqm • Current zoning of Local Commercial / R40 under TPS6 • Proposed zoning of Local Centre / R40 under LPS7 • Ample parking available for customers CURRENT LEASE TERMS: • "Ciao Italia" have a lease until 30th April 2029. • Current rent : $163,298.16 PA + GST + VARIABLE OUTGOINGS. LAND RATES : $7,796.00 pa does not include Waste WATER RATES : $2,492.05 pa This iconic commercial property presents an unparalleled opportunity for investors or business proprietors seeking a prestigious location in South Perth. An offer like this providing a rare once in a life time chance to invest in a prime piece of real estate, is bound to draw significant attention. For those interested in securing the renowned site contact Lisa Mann on 0402 089 908.
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Get to know the area.
With the big city lights well within your sights, South Perth offers the ultimate skyline and river views. Offering a mix of swanky apartments and stately homes, those who have invested wisely in this affluent area have either afforded those views or have at least ensured those city and river vibes are well within reach.
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Dedicated to providing a modern approach and personalised service, Acton | Belle Property South Perth continues to guide clients towards the best possible results in the City of South Perth and surrounds. Established as a local boutique agency, we have a community approach to our work and an ambition to help as many people as we can to achieve their real estate goals.
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