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Cygnet West

553-561 Wellington Street Perth, WA 6000

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553-561 Wellington Street,
Perth, WA 6000

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Cygnet West
Tim Scott

Cygnet West

Level 26, 197 St Georges Terrace
PERTH, WA 6000
04346598...
Cygnet West
553-561 Wellington Street
Perth, WA 6000

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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 today for more details or to arrange an inspection.

**Subject to Council Approval

Property ID: 502783626Last Updated: 25 Jan 2021

Cygnet West
Level 26, 197 St Georges Terrace
PERTH, WA 6000
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