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RWC  - WA

272-274 Hay Street East Perth, WA 6004

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272-274 Hay Street,
East Perth, WA 6004

Development Sites & Land • Shops & Retail • Offices

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1,348sqm CBD Development Site - Potential 18 Levels

272 & 274 Hay Street in East Perth are available to purchase in one line, with a total landholding of 1,348sqm. The site is available with vacant possession or with a lease back.
272 Hay Street is currently operating as a supermarket and 274 Hay Street is currently operating as a restaurant.

Zoned "Town Centre" under the City of Perth's Planning Scheme No.2, the property falls under the Goderich Precinct. The site can potentially be developed to 18 levels with a neighbouring site already receiving DA approval for this height.

This is a unique development opportunity with ability of negotiating holding income for 3 - 5 years following settlement.

The site has a 25.59m frontage Hay Street Frontage, with side and rear right, external, public ROW's significantly increasing the development and design options for the site.

272 Hay Street, East Perth
- Land area - 673sqm
- Building area - 400sqm
- Tenant - Golden Treasure Chinese Restaurant
- Leaseback arrangement - 3 - 5 years

274 Hay Street, East Perth
- Land area - 675sqm
- Building area - 550sqm
- Tenant - Golden Hay Supermarket
- Leaseback arrangement - 3 - 5 years

20 parking bays

This property is strategically located with surrounding Residential - Hotel - Retail Developments. This is not an investment property, it is for a landholding with a reasonable income located on Hay Street, one of the most recognised arterial roads in the Perth CBD, now offered for Sale.

For further information or to arrange an inspection please contact:

Stephen Harrison
Ray White Commercial (WA)
0421 622 7...
stephen.harrison@raywhite.com

*approximate

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East Perth, 6004 demographic data

The median household income for East Perth is $2,005, 8% higher than Greater Perth's household income of $1,865. East Perth has a younger age profile compared to the rest of Greater Perth (median age 35 vs 37). Property ownership data shows 55% of property owners in East Perth have a mortgage.

11,681
Population
$2,005 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households

RWC - WA

Level 7, 30 The Esplanade
PERTH, WA 6000
04216227...
RWC  - WA
272-274 Hay Street
East Perth, WA 6004
RWC - WA
Level 7, 30 The Esplanade
PERTH, WA 6000

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