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663 Hay Street Mall, Perth, WA, 6000
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2. Property Highlights

Prime Hay Street Mall - High Return plu Value Add Opportunities
  • Freehold land - central Hay Street Mall
  • 455sqm* NLA
  • Leased to major national retail group

663 Hay Street Mall a two-three storey freehold property is positioned in the absolute heart of the Hay Street Mall.

The property is offered for sale as a fully leased investment (major national retail group) with a net income of $374,086* per annum.

The focal position is underpinned by the impending major transformation of Carillon City directly opposite (recently acquired by the Forrest family), which is set to undergo a massive redevelopment program. Other major CBD projects include the new 60,000sqm ECU Academy of Performing Arts Campus.

• Total building area 455sqm*

• Ground floor area 239sqm*

• Total Site Area: 290sqm*

• Front, side and rear access

• $374,086pa current net passing income

• Bras n' Things (global retailer)

• Upper levels in excellent condition

• Additional income potential with upper floor occupation and rear of property activation

• Significant future expansion / redevelopment capacity

PRICED REFINED FOR PROMPT SALE

For further details or to arrange an inspection, please contact:

Michael Milne

RWC WA

M: 0403 466 603

E: michael.milne@raywhite.com

Brett Wilkins

RWC WA

M: 0478 611 168

E: brett.wilkins@raywhite.com

* Approximate

Remember to mention you found this property on CommercialReady

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Michael Milne
Michael Milne
+61 *** *** *** show +61 403 466 603
Message
+61 403 466 603 michael.milne@raywhite.com Message
Brett Wilkins
Brett Wilkins
+61 *** *** *** show +61 478 611 168
Message
+61 478 611 168 brett.wilkins@raywhite.com Message

4. Property Location

663 Hay Street Mall, Perth, WA, 6000

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5. Due Diligence

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663 Hay Street Mall, Perth, WA, 6000 Perth Cbd
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RWC (WA)
RWC (WA)
Ground Floor 12-14 The Esplanade Perth, WA 6000
View Agency Profile
Michael Milne
Michael Milne
+61 *** *** *** show +61 403 466 603
Brett Wilkins
Brett Wilkins
+61 *** *** *** show +61 478 611 168
Enquire
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