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37-39

41-43 Money St, Northbridge, WA 6003, Australia
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15 bed 8 bath972m²

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The Phone Code for this property is: 78834. Please quote this number when phoning or texting. MIDEL Property Group Your local agent PRIME DEVELOPMENT OPPORTUNITY Perth, 37 - 43 Money St FOR SALE BY EXPRESSIONS OF INTEREST Closing Thurs 1 July 2021 4pm (AWST) Two lots comprising 984 sqm* Two licensed inner city lodging houses Stunning tree lined street in Northbridge 37 - 39 Money St 487 sqm* - Licensed lodging house (24 Bed) 41 - 43 Money St 487 sqm* - Licensed lodging house (45 Bed) Two licensed lodging houses with Redevelopment Possibilities Midel Property Group is pleased to offer for sale adjoining properties at 37 - 39 Money St, Perth and 41 -43 Money St, Perth. A rare opportunity to purchase substantial lodging houses with redevelopment possibilities in one of Perth's tightly held and sought after locations. - Highly sought after inner city location. - Substantial single level lodging houses with car parking area. - Total land area 984sqm - With lease or Vacant possession. - On site parking for 5 cars. - Sold individually or together. The Opportunity This property offers a range of possible uses for the existing lodging houses to mixed use development (subject to council approval). The lots may be sold individually or together. Location Description Situated in a highly sought after location on tree lined Money Street within close proximity to the Perth CBD, William and Beaufort St, Northbridge entertainment precinct and the Perth Cultural centre. Land details Total land area: 972 square metres Frontage to Money Street: 24.18 metres The Improvements There are two properties 41 - 43 Money Street, Perth The building consists of a single level building with an approx. area of 287sqm and includes lodging house accommodation for up to 45 persons with lounge, kitchen and staff amenities. There is onsite parking for 5 cars. 37 - 39 Money Street, Perth The building consists of a single level building with an approx. area of 280sqm and includes lodging house accommodation for up to 24 persons with lounge, kitchen and staff amenities. Legal Description 37 - 39 Money Street, Perth 41 - 43 Money Street, Perth Lot 93 & 94 on Diagram 1769 - 380 . Certificate of Title Volume 1338 Folio 837. Sales Process 37 - 43 Money St, Perth is offered for sale and expressions of interest are invited closing 1 July 2021 at 4pm (AWST).

Property Features

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    Repayment calculator

    $3,243/month
    $1,622 /fortnight
    Loan $535,200 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$133,800
    Stamp duty$25,793
    Conveyancing (est.)$2,000
    Total upfront$161,593
    Verify with WA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    15
    Bathrooms
    8
    Land Area
    972m²
    Listed
    2 months ago

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