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44 and 46 Francis Street, Northbridge, WA, 6003
Northbridge
Knight Frank is pleased to present a Backpacker Accommodation with the potential for mixed-use development. This property is located between William and Lake Street in the heart of the vibrant Northbridge entertainment precinct.
Improvements
The site is improved with two buildings comprising the following:
44 Francis Street - Single storey building of 238m2* that is currently operating as a backpacker.
46 Francis Street - Two storey building of 536m2*. This building was formally utilised as a backpacker accommodation and is currently vacant (Needs refurbishment).
Zoning and Development Potential
The site offers a chance to further link the Perth CBD and Northbridge with a flexible development option such as a 'mixed-use' residential, retail/dining, hospitality, or commercial project (subject to council approval).
- Zoned “Central City Area” under Precinct 1- Northbridge.
- Base plot ratio of 4:1 + Bonuses available (subject to council approval).
The Property is for sale by “Expressions of Interest” campaign closing Friday 12th July at 2pm AWST.
Sites are offered in one-line or can be sold separately.
To arrange an inspection or request a copy of the Information Memorandum, please contact the exclusive selling agents Jonathan Wong and Tony Delich.
Approximate*
Remember to mention you found this property on CommercialReady
Knight Frank is pleased to present a Backpacker Accommodation with the potential for mixed-use development. This property is located between William and Lake Street in the heart of the vibrant Northbridge entertainment precinct.
Improvements
The site is improved with two buildings comprising the following:
44 Francis Street - Single storey building of 238m2* that is currently operating as a backpacker.
46 Francis Street - Two storey building of 536m2*. This building was formally utilised as a backpacker accommodation and is currently vacant (Needs refurbishment).
Zoning and Development Potential
The site offers a chance to further link the Perth CBD and Northbridge with a flexible development option such as a 'mixed-use' residential, retail/dining, hospitality, or commercial project (subject to council approval).
- Zoned “Central City Area” under Precinct 1- Northbridge.
- Base plot ratio of 4:1 + Bonuses available (subject to council approval).
The Property is for sale by “Expressions of Interest” campaign closing Friday 12th July at 2pm AWST.
Sites are offered in one-line or can be sold separately.
To arrange an inspection or request a copy of the Information Memorandum, please contact the exclusive selling agents Jonathan Wong and Tony Delich.
Approximate*
Remember to mention you found this property on CommercialReady
44 and 46 Francis Street, Northbridge, WA, 6003
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
