BAY VIEW TERRACE
The property comprises of a single storey character retail shop with future redevelopment potential. The property is located in the prestigious suburb of Claremont, with frontage directly opposite Claremont Quarter and surrounded by high end retailers, cafes, restaurants, and other popular amenities. Bay View Terrace is one of Perth’s most highly sought after retail strips
•Vacant Shop
•Market rent: $110,000
*approximately
| Sale Analysis | |
| Sale Price: | $2,687,500 |
| Sale Date: | March 2021 |
| Site Area: | 202sqm* |
| NLA: | 131sqm* |
| Yield: | Equated: 4.09% |
| Vendor: | Private Investor |
| Purchaser: | Private Investor |
| Sales Process: | Auction campaign – 3 bidders. Sold private treaty afterwards |
A significant slice of Perth’s eastern CBD is set to change hands, with the prominent development site at 228 Adelaide Terrace formally launched to the market by Andrew Woodley-Page and Brett Wilkins of RWC WA. Occupying a substantial 3,275sqm freehold landholding, the property presents a rare large-scale CBD development opportunity … Read more
Leading commercial agents Andrew Woodley-Page and Brett Wilkins of RWC WA have been appointed to market for sale the freehold interest in 256 St Georges Terrace, Perth, with price expectations understood to be in the $200 million range. Prominently positioned at the “top of the Terrace” in Perth’s tightly held … Read more