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 |
One of Western Australia’s most exclusive coastal tourism opportunities has come to market. A 2.79 hectare development site in Coral Bay is for sale, boasting never-occupied accommodation and significant future development. Located at 16 Robinson Street, the landholding occupies among the most elevated positions in Coral Bay, offering uninterrupted views over Bills Bay, where the … […]
The Western Australian commercial property market continues to demonstrate superior resilience and growth potential compared to eastern state benchmarks, backed by steady economic performance, sustained population growth, and tight market conditions across major sectors. Speaking on the latest edition of RWC’s Between the Lines Live podcast, RWC WA Director of Capital Transactions Brett Wilkins and Ray White … […]