Case Studies

290-300 Hay Street, Subiaco, Western Australia


290-300 Hay Street, Subiaco presents as a fully leased commercial property investment with an impressive net return and an equally stunning presentation.
This property comes with strong underlying land content with a prominent main street location in the heart of Subiaco. The new planning scheme provides for significantly higher density development outcome.

  • Zoning: Centre
  • Car Bays: 30
  • WALE: 3 years (by income)
  • Yield: 5.35%
Sale Analysis
Sale Price:$4,500,000
Sale Date:September 2021
NLA Area:1,144sqm*
Land Area:1,620sqm*
Net Income:$241,022 pa
Land Rate / sqm:$2,777/sqm
Vendor:Primewest Private Syndicate
Purchaser:Private Investors
Sales Process:Offered for sale by Private Treaty.
Sold within 7 days of listing.


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