- Located in the heart of the Perth CBD.
- Superb 4 level freehold character building.
- Comprises of retail and office space of 1,047sqm*.
- Substantially leased.
- Land Area 481sqm.
- Superb opportunity to refurbish to its former glory.
- Significant rental upside.
- Price: Offers Invited
*Approx

Burgess Rawson are pleased to offer for sale 78-84 Barrack Street, Perth. A rare and excellent opportunity to acquire an iconic character building in the heart of the Perth CBD.

The Opportunity
The property offers the astute buyer the opportunity to maximize the rental potential undertaking a refurbishment program on the building to lease the vacant spaces and increase the existing rents to market rates at the relevant opportunities.

Location
The property is located in the heart of the Perth CBD and is situated between the Murray Street and Hay Street Malls.

Improvements
The building consists of a 4 level character building with a building area of 1,047sqm* comprising prominent ground floor retail spaces and multiple levels of offices above.

Legal Description
Lot 123 on Diagram 1116. Certificate of Title Volume 1109 Folio 361.

Zoning
The City of Perth confirm that the property is located within precinct 5 - Citi Place and is zoned 'City Centre'.

Land Details
Frontage to Barrack Street - 9.3m
Total Land Area - 481sqm

Heritage
The property is listed on the municiple heritage list of the City of Perth and the Heritage Council of WA. Please refer to the selling agents for further information.

Tenancy
The property is partially leased with an approximate net income of $95,917.85 pa. Please refer to the selling agents for further information.

Goods and Services Tax
The sellers are registered for GST and the property is sold as a "Going Concern" for GST purposes.

Asking Price
Offers over $3,500,000 + GST

For further details please contact the Selling Agent.