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Colliers International - Perth
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Unit 3, 731 Hay Street Mall Perth, WA 6000

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For Sale

Unit 3, 731 Hay Street Mall
Perth, WA 6000

Shop & Retail
Sale Price

$3,250,000

Land area

69.0m²

Floor area

69.0m²

Prime Hay Street Mall Investment

  • 69.2m² strata area
  • 7 year lease
  • Extremely high foot traffic location
Colliers International 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 Perth’s busiest malls
5.1 metres of frontage to Hay St Mall, plus 13.7 metres of frontage to Gledden Arcade
7 year lease with a net rental of $185,000* per annum plus outgoings & GST
Established pharmacy business operating in Perth CBD for decades
Fixed annual 3% rent reviews

This rare opportunity is available for sale with an asking price of $3,250,000 (sold as a going concern).
*Approximate

Property ID: 503378310Last Updated: 12 Nov 2019

+61 *** ***
Colliers International - Perth
Unit 3, 731 Hay Street Mall
Perth, WA 6000
Tim Scott

Colliers International - Perth

Level 26, 197 St Georges Terrace
PERTH, WA 6000

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Colliers International - Perth

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Colliers International - Perth

Level 26, 197 St Georges Terrace
PERTH, WA 6000
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Tim Scott

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Tim Scott
Colliers International - Perth
Unit 3, 731 Hay Street Mall Perth, WA 6000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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