3 Glenelg Place, Connolly, WA 6027

Development/Land | Retail | Medical

For Sale UNDER CONTRACT

  • Property ID: 379726
  • Land Area: 2052m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
ONE OF A KIND DEVELOPMENT SITE

Ray White Commercial (WA) is delighted to present 3 Glenelg Place, Connolly for sale via Public Auction on Thursday 22nd April 2021 at 11am AWST to be held in rooms at Ground Floor, 12-14 The Esplanade, Perth WA 6000.

This property is superbly located on an exclusive hilltop position accessed via Country Club Boulevard. 3 Glenelg place boasts a land footprint of 2,052m2 with stunning aspects over Joondalup Country Club. The zoning ?Mixed Use' (R80) allows for a versatile range of end uses whether medical, retail or residential.

Development Approval has already been obtained for a four-storey residential complex comprising 27 apartments with impressive design and spectacular views.

The existing buildings comprise of a well presented and maintained 9 unit secure gated residential complex that generates a potential fully leased gross annualised income of approximately $130,000 (rounded).

The property is uniquely positioned adjoining the newly refurbished Connolly Shopping Centre and only minutes from Joondalup Gate. This property is superbly located on an exclusive hilltop position accessed via Country Club Boulevard.

The precinct is set to benefit from the new Ocean Reef Marina (under construction) with a capacity for 750 boats, 12,000sqm of retail shops, bars, restaurants, cafes, hotels and tourism and a raft of public amenities.

When: Thursday, 22 April 2021 at 11am (AWST)
Where: Ray White Commercial (WA) - In Room - Ground Floor, 12-14 The Esplanade, Perth

To obtain further details please contact exclusive selling agents.

Michael Milne
M: 0403 466 603
E: michael.milne@raywhite.com

Lachlan Burrows
M: 0499 552 296
E: lachlan.burrows@raywhite.com

Connolly Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2893 --- ---
Retail $2893 --- ---
This is the average advertised price, rent and yield for Connolly, WA 6027*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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