Coastal: Belmont Bowling Club sits on an elevated position above a shopping centre and boasts lake views. It is zoned B2 Local Centre and includes a restaurant and two bowling greens.THE sale of Belmont Bowling Club offers potential buyers ample opportunities for redevelopment within the suburb’s town centre.
Colliers International’s Peter Macadam has listed the property with lake views at 1 High Street for expressions of interest, closing at 4pm on Thursday, September 21.
“Opportunities like this in major commercial hubs are rare,” Mr Macadam said. “Sites this big in the town centre don’t come to market very often, most blocks are far smaller.”
The property measuring about 5781 square metres is on a stratum title above Belmont Central Shopping Centre and zoned B2 local centre, which allows for a range of alternate permitted uses including residential flat buildings, shop-top housing and entertainment facilities.
The existing two-storey club building completed in 2009 boasts a main entrance and open-plan club area with a bar, TAB, poker machine area and bathroom amenities overlooking the bowling greens.
The first floor includes restaurant Fortuna Court, with a commercial kitchen, bathroom amenities, small bar area, seating for 128 people and an external tiled deck that could fit 54.
It also has ducted air-conditioning, fluorescent lighting and directional spot lighting, a lift, CCTV and electronic sensory alarm and a public announcement system. Ancillary improvements include an undercover bowling green, open air bowling green and parking for about 108 vehicles.
FIND ON FRINGEA warehouse that a popular gym calls home will go under the hammer next month.
Raine and Horne Commercial’s Paul Tilden has listed the building in Stephen Street Georgetown for auction on September 14.
The 443 square metre warehouse is of concrete tilt panel construction, has two high clearance roller doors, 7.5 metre eave clearance and glass and aluminium shopfront entrances. Mr Tilden said there was also potential to install mezzanine offices. “It’s rare to get properties like this on the city fringe,” he said. “They rarely come to market and when they do they’re popular with investors and owner occupiers alike.” He said the property was close to the CBD and major arterial transport links.