FOR SALE
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176 Lockhart Street
Como WA 6152

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 886m2
Land area: 11299m2
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Significant landholding and development site

Mt Henry Tavern site - first time offered for sale in 32 years!
RWC WA and Ascend Corporate are proud to present for sale one of the most anticipated freehold hotel investment offerings in recent years. A site of some 11,299sqm* having the benefit of four street frontages and situated in the riverside suburb of Como and is less than 8kms from the Perth CBD is being offered to the market for the first time in 32 years.
The site is partially occupied by the Mt Henry Tavern with that portion of the land being the subject of a lease to Golden Hotels Pty Ltd. A family-owned company that are very experienced hoteliers and highly regarded within the industry. Golden Hotels Pty Ltd owns and operates several other hotels/taverns both in the Perth Metro area and country WA.
The property falls within the City of South Perth and City of Melville joint development precinct known as the Canning Bridge Activity Centre Plan (CBACP). CBACP is a guide for land use and development within the 'activity centre' area in six specified precincts, which aims to establish the foundation for the future of the area and an implementation framework for improvements to infrastructure and land over time. The site has been designated as Mixed Use up to 10 storeys with discretionary height concessions up to 15 storeys subject to council approval.
The property features are:
• 100% freehold interest
• Land area: 11,299sqm*
• The property comprises a single level tavern building of some 886sqm* plus a covered drive-thru
• Leased area - that part of the lessor's land known as the Mt Henry Tavern - lettable area 5,575sqm*
• Lease Term - 1 July 2023 - 30 June 2028
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Property Details for 176 Lockhart St, Como

Building Type
Commercial
Floor Size
886m2
Land Size
11299m2

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About Como 6152

The size of Como is approximately 6.5 square kilometres. It has 16 parks covering nearly 20.7% of total area. The population of Como in 2011 was 13,399 people. By 2016 the population was 14,130 showing a population growth of 5.5% in the area during that time. The predominant age group in Como is 20-29 years. Households in Como are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Como work in a professional occupation. In 2011, 52.7% of the homes in Como were owner-occupied compared with 54.7% in 2016.

Como has 9,204 properties. Over the last 5 years, Houses in Como have seen a 60.63% increase in median value, while Units have seen a 68.69% increase. As at 31 October 2024:

  • The median value for Houses in Como is $1,332,783 while the median value for Units is $701,911.
  • Houses have a median rent of $825 while Units have a median rent of $610.
There are currently 86 properties listed for sale, and 19 properties listed for rent in Como on OnTheHouse. According to CoreLogic's data, 437 properties were sold in the past 12 months in Como.

Suburb Insights for Como 6152

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Ray White (Wa)
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RWC WA
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.