Unit 3, 731 Hay Street Mall,
Perth, WA 6000
Shops & Retail
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Cygnet West
Level 26, 197 St Georges TerracePERTH, WA 6000
08 6375 60...
Unit 3, 731 Hay Street Mall
Perth, WA 6000
Map of Unit 3, 731 Hay Street Mall
UNDER OFFER - Price Reduced: 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
*Approximate
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
*Approximate
Perth, 6000 demographic data
The median household income for Perth is $1,960, 5% higher than Greater Perth's household income of $1,865. Perth has a younger age profile compared to the rest of Greater Perth (median age 33 vs 37). Property ownership data shows 61% of property owners in Perth have a mortgage.
13,670
Population
$1,960 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
Cygnet WestLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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