West Perthââ¬â¢s best corner location
SOLD
1218-1230 Hay Street
West Perth WA 6005
Development
FOR SALE
930m2
Jones Lang LaSalle, as exclusive selling agent, is delighted to present to the market, for the first time in well over a generation West Perthââ¬â¢s best positioned corner site.
Situated at the very centre of the highly sought after West Perth business precinct, the offering represents a rare opportunity to acquire a high street retail property with a diversified income stream from a range of long standing tenants.
A property that ticks all the boxes: premium location, strong investment returns and exceptional redevelopment potential.
Key features of this outstanding property include;
ââ¬Â¢ High profile site on the corner of Colin Street
ââ¬Â¢ Street frontage of over 80 metres*
ââ¬Â¢ Land area 1,749sqm* with 3:1 plot ratio plus bonuses (STCA)
ââ¬Â¢ NLA 930sqm* comprising 12 retail tenancies
ââ¬Â¢ 95% leased to long standing tenants with attractive expiry profile
ââ¬Â¢ Estimated net income: $355,000pa*
ââ¬Â¢ Significant mixed use redevelopment potential
For Sale by Offers to Purchase closing 2pm (WST) Thursday 7 November 2013.
For further information or to arrange an inspection please contact:
Tom Nattrass on 0412 925 899
Nigel Freshwater on 0417 197 375
Situated at the very centre of the highly sought after West Perth business precinct, the offering represents a rare opportunity to acquire a high street retail property with a diversified income stream from a range of long standing tenants.
A property that ticks all the boxes: premium location, strong investment returns and exceptional redevelopment potential.
Key features of this outstanding property include;
ââ¬Â¢ High profile site on the corner of Colin Street
ââ¬Â¢ Street frontage of over 80 metres*
ââ¬Â¢ Land area 1,749sqm* with 3:1 plot ratio plus bonuses (STCA)
ââ¬Â¢ NLA 930sqm* comprising 12 retail tenancies
ââ¬Â¢ 95% leased to long standing tenants with attractive expiry profile
ââ¬Â¢ Estimated net income: $355,000pa*
ââ¬Â¢ Significant mixed use redevelopment potential
For Sale by Offers to Purchase closing 2pm (WST) Thursday 7 November 2013.
For further information or to arrange an inspection please contact:
Tom Nattrass on 0412 925 899
Nigel Freshwater on 0417 197 375