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 srea 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
Price refined for prompt sale.
For further details or to arrange an inspection, please contact:
Michael Milne
RWC WA
0403 466 603
[email protected]
Brett Wilkins
RWC WA
0478 611 168
[email protected]
*Approx
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 plus 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.