Kardinya Park Shopping Centre, Kardinya
$200,000 operating cost savings
Case Studies
290-300 Hay Street, Subiaco, Western Australia
COMMERCIAL/RETAIL
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. |
*Approximately
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