Contact the agent if you'd like further information.
Retail for Sale in Perth
Prime Hay Street Mall - High Return plu Value Add Opportunities
- Building: 455m²
- Land: 290m²
Next Steps:
Enquire with agent663 Hay Street Mall a two-three storey freehold property is positioned in the absolute heart of the Hay Street Mall.
The property is offered for sale as a fully leased investment (major national retail group) with a net income of $374,086* per annum.
The focal position is underpinned by the impending major transformation of Carillon City directly opposite (recently acquired by the Forrest family), which is set to undergo a massive redevelopment program. Other major CBD projects include the new 60,000sqm ECU Academy of Performing Arts Campus.
- Total building area 455sqm*
- Ground floor area 239sqm*
- Total Site Area: 290sqm*
- Front, side and rear access
- $374,086pa current net passing income
- Bras n' Things (global retailer)
- Upper levels in excellent condition
- Additional income potential with upper floor occupation and rear of property activation
- Significant future expansion / redevelopment capacity
PRICED REFINED FOR PROMPT SALE
For further details or to arrange an inspection, please contact:
Michael Milne
RWC WA
M: 0403 466 603
E: michael.milne@raywhite.com
Brett Wilkins
RWC WA
M: 0478 611 168
E: brett.wilkins@raywhite.com
* Approximate
455m²
290m² / 0.07 acres
Precinct 5 - Citiplace
Tenanted
Retail, Offices, Land/Development
Next Steps:
Enquire with agent
Agents
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