Kardinya Park Shopping Centre, Kardinya
$200,000 operating cost savings
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.
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
$200,000 operating cost savings
West Perth character