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lot 3, Lot 3/731 Hay Street Mall, Perth, WA, 6000

2. Property Highlights

Mall Frontage Retail Opportunity
  • Over 18m of Mall Frontage
  • High foot traffic area
  • Corner tenancy

Cygnet West is delighted to present a rare opportunity to secure a leased pharmacy investment at Unit 3, 731 Hay Street Mall, Perth.

This lot is one of only three ground floor lots at the bottom of the Gledden Building, a 1930's 10-storey CBD building named after Robert Gledden who helped finance the purchase of land for UWA.

This corner lot faces the busy Hay Street Mall, one of Perth’s busiest shopping precincts. The property is right in the heart of Perth CBD, providing it outstanding exposure to foot traffic 7 days a week.

Investment highlights include:

>69.2 square metre strata lot facing one of Perths busiest malls
>5.1 metres of frontage to Hay St Mall, plus 13.7 metres of frontage to Gledden Arcade
>Leased until October 2026 with a net rental of $202,154.76* per annum plus outgoings & GST
>Established pharmacy business operating in Perth CBD for decades
>Fixed annual 3% rent reviews


Remember to mention you found this property on CommercialReady

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3. Property Location

lot 3, Lot 3/731 Hay Street Mall, Perth, WA, 6000

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4. Due Diligence

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lot 3, Lot 3/731 Hay Street Mall, Perth, WA, 6000 Perth Cbd
Cygnet West
Cygnet West
Level 26 197 St Georges Tce, Perth WA 6000
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