663 Hay Street Mall a two-three storey freehold property is positioned in the absolute heart of the Hay Street Mall.
The property is offered for sale as a fully leased investment (major national retail group) with a net income of $374,086* per annum.
The focal position is underpinned by the impending major transformation of Carillon City directly opposite (recently acquired by the Forrest family), which is set to undergo a massive redevelopment program. Other major CBD projects include the new 60,000sqm ECU Academy of Performing Arts Campus.
• Total building area 455sqm*
• Ground floor area 239sqm*
• Total Site Area: 290sqm*
• Front, side and rear access
• $374,086pa current net passing income
• Bras n' Things (global retailer)
• Upper levels in excellent condition
• Additional income potential with upper floor occupation and rear of property activation
• Significant future expansion / redevelopment capacity
PRICED REFINED FOR PROMPT SALE
For further details or to arrange an inspection, please contact:
Michael Milne
RWC WA
M: 0403 466 603
E: [email protected]
Brett Wilkins
RWC WA
M: 0478 611 168
E: [email protected]
* Approximate
This commercial property at 663 Hay Street Mall, Perth is listed for sale by Michael Milne and Brett Wilkins at Ray White Commercial (WA).
It has been described by the agent as ‘Prime Hay Street Mall - High Return plu Value Add Opportunities’.
If you would like to get in touch with Michael Milne or Brett Wilkins regarding 663 Hay Street Mall, Perth, please call Michael on 0403 466 603 or call Brett on 0478 611 168, or contact the agent via email.