Triple chance to snap up York commercial assets

BUYERS have a triple chance to snap up sought-after commercial assets in York, as three different sites become available for sale, by way of tender.

A slice of history is available at 25 and 27 South Street (pictured above), where a property known as the St Patrick’s Convent Building, hits the market.

The land/development site is listed on the State Register of Heritage and Shire of York’s Municipal Inventory, and was purpose-built in 1873 by the Sisters of Mercy, who at the time operated a school from years one to six.

Ray White Commercial (WA) Director Stephen Harrison said the building had transitioned through changes including being utilised as a library, primary school, selling antiques, and in 2005, a restaurant.

“There really is a lot of history here and the lucky buyer will be taking on a property that comprises of two separate lots, with a total land holding of 2,659sq m*, and has a total building footprint of circa 320sq m*,” Mr Harrison said.

“Potential buyers will also love that the site comes with flexible town centre zoning that allows for a range of commercial uses, subject to council approval.”

Site two (pictured above) offers a rare opportunity to snap up multiple lots to be sold in one line, offering excellent redevelopment potential.

Lots two, three, four, five and six Avon Terrace, and Lot 13 Redmile Road come with a combined land holding of 6,675sq m* and Mr Harrison said the properties were located just outside of town and bordered residential and industrial catchment areas.

“The properties are currently zoned R40, but astute buyers will see potential as an industrial or commercial redevelopment, subject to rezoning,” he said.

“Having multiple lots offered in a sell-in-one-line environment is seldom offered to the market and will appeal to buyers with real development vision.”

The final site (pictured below) gives buyers the chance purchase a substantial land/development site that would bring the Avon River to within a stone’s throw distance, at 7 Glebe Street.

Mr Harrison said having an asset along the Avon River was a real drawcard for the site.

“The offering comprises of two lots and is ideally located on the corner of Glebe Street and Clifford Street, providing flexibility for development,” he said.

“Improvements include a circa 45sq m* clubhouse and a grapevine dating back to the late 1890’s, so there’s real history here.

“The asset is offered with R40 and Recreational zoning, meaning this could become a jewel in the York crown.”

All tenders close on Friday 29 March at 12pm (AWST).

*Approximately.