Back to previous step
Cygnet West is excited to present Devon House; a rare freehold opportunity located in the heart of the Perth CBD along the renowned Hay Street Mall. This landmark building offers exceptional exposure within one of Perth’s most tightly held retail precincts, surrounded by national and international brands.
The ground floor retail tenancies have just been leased to a convenience store (5-year term) and a currency exchange (4-year term) — both with options and fixed annual rent reviews, providing secure, diversified holding income. The upper three levels of vacant office accommodation and basement storage areas present clear value-add or redevelopment potential under the flexible ‘City Centre’ zoning.
Strategically positioned just 400 metres from the soon to be completed Edith Cowan University City Campus, and already benefiting from 20,000 pedestrians passing by daily, Devon House is ideally placed to benefit from a significant uplift in activity and retail demand within Perth’s rejuvenated urban core.
Investment Highlights
• Prime CBD Location: Prominent frontage along the Hay Street Mall surrounded by major national retailers.
• Secure Income Stream: Recently leased ground-floor retail generating a stable net income of $211,716.
• High Pedestrian Exposure: Over six metres of mall frontage with exceptional daily foot traffic.
• Growth Catalyst: Within immediate proximity to ECU’s new City Campus.
• Development Upside: Zoned ‘City Centre’ with redevelopment potential (5:1 plot ratio plus bonus).
For Sale by Offers Invited
For further details or to arrange an inspection, please contact the exclusive selling agents:
Ahmad Ibrahimi – Director
Matt Davies – Associate Director
Cygnet West is excited to present Devon House; a rare freehold opportunity located in the heart of the Perth CBD along the renowned Hay Street Mall. This landmark building offers exceptional exposure within one of Perth’s most tightly held retail precincts, surrounded by national and international brands.
The ground floor retail tenancies have just been leased to a convenience store (5-year term) and a currency exchange (4-year term) — both with options and fixed annual rent reviews, providing secure, diversified holding income. The upper three levels of vacant office accommodation and basement storage areas present clear value-add or redevelopment potential under the flexible ‘City Centre’ zoning.
Strategically positioned just 400 metres from the soon to be completed Edith Cowan University City Campus, and already benefiting from 20,000 pedestrians passing by daily, Devon House is ideally placed to benefit from a significant uplift in activity and retail demand within Perth’s rejuvenated urban core.
Investment Highlights
• Prime CBD Location: Prominent frontage along the Hay Street Mall surrounded by major national retailers.
• Secure Income Stream: Recently leased ground-floor retail generating a stable net income of $211,716.
• High Pedestrian Exposure: Over six metres of mall frontage with exceptional daily foot traffic.
• Growth Catalyst: Within immediate proximity to ECU’s new City Campus.
• Development Upside: Zoned ‘City Centre’ with redevelopment potential (5:1 plot ratio plus bonus).
For Sale by Offers Invited
For further details or to arrange an inspection, please contact the exclusive selling agents:
Ahmad Ibrahimi – Director
Matt Davies – Associate Director
Devon House, 729 Hay Street Mall, Perth WA 6000
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
