For Sale or Lease
553-561 Wellington Street Perth, WA 6000
Iconic Perth Building
- CBD Corner Building
- Existing Backpacker Business
- Redevelopment Opportunity
Colliers International is pleased to present to the market 553-561 Wellington Street (Corner Queen St), Perth for Sale or Lease.
The property is right in the heart of the Wellington Street precinct which is currently undergoing numerous project redevelopments including Yagan and King Square, Raine Square, Peppers Hotel and the Forrest Chase upgrade.
Currently used as a backpackers, the property is set out in a dormitory format including 1, 3, 4, 5, 6, 12 and 14 bed rooms, cinema, games room, kitchen, pool, toilets, showers and alfresco dining area.
With a site area of 688sqm, ‘City Centre’ zoning and plot ratio of up to 6:1 (STCA), the building is primed for a redevelopment.
The property is available for sale, for lease as a whole building, and for lease in sections.
Contact Tim Scott or Ben Tana today for more details or to arrange an inspection.
Property ID: 502783626Last Updated: 11 Dec 2018