A multi-function entertainment venue with development potential, 66 Francis Street Northbridge for sale by Stephen Harrison, Brett Wilkins and Phil Zoiti of Ray White Commercial (WA).
This iconic Perth freehold asset is on the market via an Expressions of Interest campaign through Ray White Commercial (WA) agents Stephen Harrison, Brett Wilkins and Phil Zoiti.
The multi-function entertainment venue is available with vacant possession, or with a leaseback in place (via negotiation). Continue its use as a restaurant, function centre and karaoke bar, or convert to a tavern, nightclub, office building or residential accommodation.
Source: Ray White Commercial (WA)
The building features approx. 1,679sqm lettable area (GLAR), with substantial capacity for up to 300 diners. There is also a 130-capacity function area, 3 private dining rooms, 25 karaoke rooms and 2 bars.
There is also an opportunity to utilise the site’s high density development potential, to extend or redevelop entirely.
The site encompasses an area of approx. 988sqm, with 30.28m frontage to Francis Street, a 4:1 plot ratio with 20% bonus available (4.8:1).
Source: Ray White Commercial (WA)
Expressions of Interest close Thursday, 25 August 2022 at 4pm (AWST).
To request a copy of the Information Memorandum please email either of the Ray White Commercial (WA) marketing agents Stephen Harrison or Brett Wilkins or Phil Zoiti via the contact form below.
To view the listing or for more information click here.
Related reading:
Rainbow Beach’s only shopping centre for sale by Ray White Commercial