Case Studies

16/524 Hay Street, Perth, WA

PERFECTLY LEGAL

Beautifully appointed offices leased to one of Australia’s largest legal firms with a 5.5 years lease remaining plus options in the very heart of Perth’s legal quarter.

Key Highlights include:

  • Strata Area of 528sqm
  • Net Income of $224,000 pa
  • WALE 5.5 years
Sales Analysis
Sale Price:$3,160,000
Sale Date:April 2022
Yield – passing:7.1%
Price/m2
Strata Area:
$5,984/m2
Vendor:Private Perth Investors
Purchaser:Hong Kong Investment house
Sales Process:Private Treaty
6 offers received

*Approximately

Brett Wilkins
Ray White Commercial WA
+61 478 611 168
brett.wilkins@raywhite.com

Luke Pavlos
Ray White Commercial WA
+61 408 823 823
luke.pavlos@raywhite.com

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