Positioned in the heart of Northbridge's vibrant hospitality and entertainment precinct, 74 Francis Street presents a compelling fully leased commercial investment, combining established income, two proven operators and an exceptional inner city location.
Comprising approximately 600 square metres of commercial floor area across two levels, the property has been refreshed with contemporary finishes, modern fittings and practical hospitality infrastructure. The configuration accommodates two complementary tenancies, each benefiting from the strong pedestrian activity, nightlife, dining and entertainment that continue to make Northbridge one of Perth's most recognisable lifestyle destinations.
The ground floor is currently leased with the current term extending to 31 May 2028 and two further three year options potentially taking the tenancy through to 2034. The annual rent is $92,927.82 plus GST, subject to annual CPI reviews, with the tenant also contributing towards applicable outgoings. This provides investors with an established income stream together with the potential for continued rental growth over the longer term.
Surrounded by restaurants, bars, cafés and shops, the property also enjoys excellent access to public transport and nearby parking, including a CPP car park within easy walking distance. The Perth CBD is only a short walk away, further enhancing accessibility for patrons, staff and operators while underpinning the location's long term commercial appeal.
With secure income, established tenants, annual rental growth potential and a prominent Northbridge position, 74 Francis Street represents an attractive opportunity to secure a refreshed commercial investment within one of Perth's most active hospitality and entertainment precincts.
For further information or an obligation free appraisal, contact listing agent Eric Hartanto.
Location (approx. km):
• Northbridge Piazza (0.3 km)
• Russell Square (0.4 km)
• Perth Cultural Centre (0.5 km)
• WA Museum Boola Bardip (0.5 km)
• State Library of WA (0.5 km)
• Perth Train Station (0.7 km)
• Yagan Square (0.8 km)
• RAC Arena (1.0 km)
• Perth CBD (1.0 km)
• Royal Perth Hospital (1.4 km)
• Hyde Park (1.5 km)
• Elizabeth Quay (1.8 km)
• Perth Modern School (2.7 km)
• Kings Park (3.0 km)
• Optus Stadium (4.0 km)
Disclaimer:
The information contained herein has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
