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York, 6 Howick Street


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Contact Details

Chris Farris
Mobile: 0413 945 667
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$1,950,000 Zero GST, sold as Going Concern

Land Size : 13506 m2
Type : Medical/Consulting

YORK - MEDICAL / WELLNESS CENTRE

IMPORTANT MATERIAL FACTS
As one would expect the buildings on this property have significant history and highly valued to the local community, many of who would have had their early education here plus their children and grand children. The State of Western Australia also believes these buildings are of significant heritage value to the community and the State. York basically is a collection of this type of period buildings. There are 2 heritage memorial listed in the Schedule 2 of the
IMPORTANT MATERIAL FACTS
As one would expect the buildings on this property have significant history and highly valued to the local community, many of who would have had their early education here plus their children and grand children. The State of Western Australia also believes these buildings are of significant heritage value to the community and the State. York basically is a collection of this type of period buildings. There are 2 heritage memorial listed in the Schedule 2 of the Certificate of Title for this site.

PARENT LOT
This is an extremely well located site in the context of this town. It has a frontage to Howick Street of 223.42 metres x frontage to Macartney Street of 17.54 metres. The overall area of this Parent Lot is 13,506 square metres, a significant land holding.

ZONING
Governed by the Shire of York and is zoned Town Centre under Town Planning Scheme No. 2. It's current Use is an approved Use.

GENERAL INFORMATION
York is a country town situated 100 km's east of the Perth CBD which is approximately 1.30 hours by motor vehicle. The main economy for this area is agriculture and tourism. It is a well know historic town in Western Australia and has a vibrant local economy and tourist trade.

BUILDINGS ON SITE

CARETAKERS COTTAGE
This beautiful cottage sits to the back left hand side of this site and is currently used as an Administration Office. It has a Board Room, large Kitchen, open plan Office, Store room and an Executive office, fully renovated with iron roofing.

OLD HEADMASTERS QUARTERS
Now converted and renovated into an Air BandB. This is a 1890's development that has lovely front and side verandah. A huge 38.5 square metre living room, 2 bedrooms, store, dining room, modern kitchen and bathroom and enclosed rear verandah with high ceilings and ornate lighting.
As an Air BandB this will offer a unique country experience for tourists with just a short stroll into the rest of this heritage precinct. This is well located and peaceful.

PAVILLION CLASSROOM
This is now used as a training facility and was moved and restumped to a new location on the Parent Site. It's timber clad and fibre with iron roofing. The roofline is low giving protection over the timber ramped disabled access and small verandah area. This is also a lovely internal space with a store, tea preparation area and ornate timber ceilings. This is a place businesses can bring their staff for workshop in a unique environment.

OLD PRIMARY SCHOOL

Now the Medical General Practice and York Wellness Centre, there are not enough superlatives to describe this building or the fact this is a once in a lifetime opportunity to own and care for a property of significant importance.
This is a 1890's typical building with period red brick construction, corrugated iron roofing, high decorated gables, designed in the manner used in Government Schools of this period. It also features a large central hallway with what was previously the classrooms now consulting rooms on either side.
Designed with architectural priority given to high ceilings, full verandah's, a stunning roof lantern and decorative features, too numerous to mention.
The building opened as a school in 1898. The renovations carried strictly within the Heritage guidelines, have enabled this to be a fully functional building in today's world with a feeling and charm not available in today's buildings. Not only is this building of significant importance to the locals, so are the Medical, Dental and Wellness offered to the community here.

CURRENT TENANCIES
Independent Practitioner Network Limited - Medical
Pujari Pty Ltd - Dental
Valenti Lawyers
St. Johns Ambulance
Executive Impressions - Coaching and Leadership Consultancy
The Foot Studio
Muntz and Partners - Accountants
P.H. Admin Pty Ltd - Pharmacy and Property Owners

CURRENT SITE INCOME
$124,857.46 p/a
POST note: This is without including any rental for the Headmasters Quarters now Air BandB. The estimated income for this is $17,424.00 per annum based on a very realistic 30% occupancy or 105 days per annum. This is not advertised yet, as renovations have just been completed.
Pavillion Classroom - Based on a casual occupancy as a Training Facility/Yoga Studio for 50 days per annum at $150.00 per day is $7,500.00 per annum.
Suite 4, Consulting Room
Estimated income $3,000.00 per annum.


Provided these figures are met then the rental will be $152,781.00 per annum. (post note:- New owners may not adhere to this)

Depreciation Schedule as at the end of the 2018 Financial Year is $24,903.00 per annum.
All Prospective Purchasers are urged to carry out their own due diligence into the tenancies.

GENERAL
This is an opportunity for the investor to have a commercial income whilst owning and being involved with the important historical site as noted.

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