Unit 14 & 15, 524 Hay Street Perth is a beautifully appointed office leased to one of Australia’s largest legal firms in the very heart of Perth’s legal quarter.
Strategically located in the heart of Perth’s legal quarter with close proximity to the Supreme Court of WA , the Federal Courts, District Courts and the Magistrates Courts as well as the Treasury precinct and Perth Library, the property comprises of 528sqm of strata floor with a beautiful office fit out.
Key attributes include:
| Sales Analysis | |
| Sale Price: | $2,800,000 |
| Sale Date: | Oct 2023 |
| Yield – Passing: | 8.5% |
| Price/sqm Strata Area | 5,303/sqm |
| Vendor: | Private Perth Investors |
| Purchaser: | Dubai Private Investor |
| Sales Process: | Private Treaty 6 offers received |
In another strong indicator of Subiaco’s growing investment appeal, the landmark Tighe’s Building at 131-135 Rokeby Road has changed hands for $5 million in an off-market transaction brokered exclusively by Michael Milne.
$200,000 operating cost savings