Alfred Cove

Versatile 3-Storey Commercial Office with Development Upside in Alfred Cove

Guardian WA Realty is pleased to present this rare opportunity to secure a high-exposure commercial asset at 573 Canning Highway, Alfred Cove. This high-exposure commercial asset comprises three levels of versatile office suites, serviced by a newly installed passenger lift, and configured into 15 lettable units—offering immediate income potential and supported by a 20-year antenna lease to Telstra and Optus generating ~$100,000 p.a. with CPI increase. With modern amenities, functional layouts, and ample parking, the property provides immediate holding income and future development potential.

Located in the heart of Alfred Cove with Canning Highway frontage, this site benefits from over 45,000 passing vehicles every day. It’s conveniently positioned between Fremantle and the Perth CBD, with public transport, cafes, and shops within walking distance. The property falls under the C4 Central Zone (R40/60) of the City of Melville’s Local Planning Scheme—making it suitable for future mixed-use commercial/residential redevelopment.