CBRE is pleased to present 681 Murray Street, West Perth for sale, a superbly located, freestanding office building with significant opportunity for value-add or redevelopment.
The property has a generous West Perth land holding of 1,049m² and boasts a 29 metre elevated frontage to Murray Street and secondary frontage to Mayfair Street. A 916m², three-level office building is complimented by 11 undercroft bays and 13 open car bays.
The property currently has a range of shorter term leases in place offering buyers the opportunity to either renegotiate with existing tenants, owner-occupy or undertake a more substantial refurbishment of the building.
Conveniently located for access to freeway North and South, the property is also a short walk from the West Perth retail centre and 650m from the Perth CBD.
The property is zoned "Office/Residential" under City of Perth City Planning Scheme No 2. Zoning allows for a range of commercial and residential uses with a maximum building height of 29 metres and plot ratio of 2.0:1.0 for mixed commercial and residential developments.
681 Murray Street, West Perth is offered for sale via an offers invited campaign closing 6 April 2022
Please contact Derek Barlow 0417 941 478 or Lachlan Andrew 0426 890 080 for more information
No open inspections scheduled.
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Contact Derek Barlow to learn more about this property, request an inspection or take an online tour.
Block Size:1049 m²*
*These are approximate values based on available information.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.