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.
Features include:
| Sale Analysis | |
| Sale Price: | $3,150,000 |
| Sale Date: | November 2021 |
| Land Area: | 228sqm* |
| NLA: | 235sqm* |
| Yield – Equated: | 3.96% |
| $/sqm (Land): | $13,815/sqm |
| $/sqm (Land): | $13,404/sqm |
| Vendor: | Private Investor |
| Purchaser: | Owner Occupier |
*Approximately
In another strong indicator of Subiaco’s growing investment appeal, the landmark Tighe’s Building at 131-135 Rokeby Road has changed hands for $5 million in an off-market transaction brokered exclusively by Michael Milne.
$200,000 operating cost savings