PERTH | 37 Room Boarding House | Offers closed - SOLD

SOLD

Ray White Commercial (WA) presents 'Monger House' Perth for sale as a fully occupied 37 room boarding house

Located at 238 Beaufort Street, Perth, Monger House is a fastidiously maintained Lodging House situated at the doorstep to the city, producing a strong regular and sustainable income. This freestanding property is offered for sale as a tenanted investment, or as a business, or with vacant possession for alternate use outcomes under its flexible zoning.

The property comes with an original front heritage listed brick cottage (<1884), together with a significant two storey later expansion of a lodging house that is licensed for 37 rooms and also incorporates additional common area amenities.

• Prime city doorstep location with mainstreet frontage
• Two storey Lodging House licensed for 37 rooms
• Investment, or operate, or occupy (alternate use)
• Dependable regular income with significant growth
• 705m2* combined building area
• Front heritage cottage plus two storey addition
• 761m2* freehold land footprint
• Zoned Commercial (R-AC3)
• High density mixed use redevelopment capacity
• Plot Ratio 2:1 / maximum 5 storeys

Its fringe city location boasts an abundance of amenities and is easily accessible to the central city, Perth's freeway networks and public transport infrastructure.

This opportunity represents tremendous value under its existing operation, or to repurpose for alternate uses.

For further information or to arrange an inspection please contact Ray White Commercial WA as exclusive selling agents;

Michael Milne
Ray White Commercial (WA)
M: 0403 466 603
E: michael.milne@raywhite.com

Phil Zoiti
Ray White Commercial (WA)
M: 0419 993 656
E: phil.zoiti@raywhite.com

* approximate

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