Case Studies

194 Cambridge Street, Wembley, Western Australia

ICONIC PREMISES

After many years as a well established restaurant, this premises is now primed for a conversion to medical, retail or office, a high density redevelopment or to simply continue it’s life as a restaurant.

With a substantial building, ample parking and located in the medical precinct surrounded by private hospitals and specialist centres, the premises is ideal for a conversion to medical.

Or, with a 5 storey height limit and a range of potential uses the property is primed for a redevelopment.

Alternatively, with a large fully fitted kitchen, grease trap, huge exhaust system and high capacity dining area, for a hospitality operator the building could simply continue it’s life as a restaurant.
Features include:

  • 14-15 parking bays
  • 5 storey height limit
  • Zoned Commercial
  • Fully equipped kitchen
  • Grease trap
  • 150m to St John of God
  • 170m to Subiaco
Sale Analysis
Sale Price:$1,860,000 + GST
Sale Date:November 2022
NLA Area:350sqm*
Land Area: 708sqm*
Land Rate / sqm$2,627/sqm
Vendor:Private
Purchaser:Konya Capital Pty Ltd

*Approximately

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