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938 Hay Street, Perth, WA 6000

938 Hay Street, Perth, WA 6000

Retail Offices Medical/Consulting

  • For Sale
  • Priced from $6,975,000
  • For Sale

Prestigious Perth CBD West End Investment

  • Potential net income $433,344* pa
  • Prime high profile corner location
  • Building area 840 sqm*

  • Land Area
  • 513.00 m² (approx)
  • Floor Area
  • 840 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jun 04, 2019
  • Municipality
  • City of Perth
  • Car Spaces
  • 1
  • Parking Comments
  • Secure lock up garage
  • Zoning
  • City Centre

Interested in this property? Contact an Agent today

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace

Perth WA 6000

JLL - Perth

Level 29, 152-158 St Georges Terrace

Perth WA 6000

Prestigious Perth CBD West End Investment

Originally constructed in 1928 for the English, Scottish and Australian bank (later ANZ) 938 Hay Street is a beautifully restored two-storey heritage building superbly located at the heart of the popular "West End" of the Perth CBD. The precinct is undergoing a dramatic transformation with multiple new projects recently approved completed or nearing completion

Prominently situated on the corner of Hay Street and Milligan Street, on a 513sqm site, the building accommodates 4 retail tenants on the ground floor including Tiisch Café and Subway, and two office tenancies on level 1.

The 840sqm building is 100% leased and has a potential fully leased net income of approximately $433,344 pa.

Further development potential exists (STCA) with the opportunity to construct an additional floor using the site's excess plot ratio.

Offered for sale for only the second time in 90 years an inspection of this prestigious CBD asset is a must.

Potential opportunity for an owner occupier for 209sqm offices.

For Sale: From $6,975,000

Contact the selling agents to view this rare offering.

938 Hay Street, Perth, WA 6000

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