Retail for Sale

8 King William Street Bayswater, WA 6053

Offers from $1,100,000 (Going Concern)

Building: 100m²
Land: 500m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Bayswater

Prime Bayswater Town Centre - Income + Upside

Building: 100m²
Land: 500m²

Next Steps:

Enquire with agent

RWC WA proudly presents 8 King William Street, Bayswater WA.

8 King William Street is a high-exposure, income-producing asset with immediate income and exceptional development potential.

The opportunity
• 500sqm rectangular site with King William Street frontage and rear access
• 100sqm existing improvements:
• 2 tenancies (2x 50sqm)
• Holding income - $30,913 per annum
• 350sqm cleared, elevated, rear portion of land
• Redevelopment clauses for both leases

Bayswater location
• Perth's rapidly transforming inner suburb experiencing unprecedented growth:
• 6.5km from Perth CBD | 7km from Perth Airport
• 100 metres from Bayswater Train Station
• Major transport hub driving population growth and commercial activity
• High infrastructure investment and urban renewal programs
• Supply-constrained market with limited development sites available

Current income profile
• Combined rental income of $30,913 per annum
• Redevelopment clauses for both leases in place

This is a rare combination of immediate income, development potential with a prime location in a fast-growing corridor in Perth's North East.

Don't miss this opportunity.

Contact Exclusive Selling Agents:

Brett Wilkins
0478 611 168
brett.wilkins@raywhite.com

Lachlan Burrows
0499 552 296
lachlan.burrows@raywhite.com

Tom Jones
0478 771 117
tom.jones@raywhite.com

*approx.

Building:

100m²

Land:

500m² / 0.12 acres

Zone:

Mixed Use - R-AC0

Tenancy:

Tenanted

Categories:

Retail, Land/Development, Other

Next Steps:

Enquire with agent

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply