Northbridge Sales and Leasing, in collaboration with Axia Corporate Property, is pleased to present a unique opportunity for astute occupiers and investors to acquire a rarely available asset in a prime CBD location within one of Perth's most iconic landmarks.
This offering comprises a full-floor space of approximately 263 sqm within the esteemed Gledden Building, prominently situated at one of Perth CBD's busiest and most recognizable corners-Hay Street Mall and William Street.
Currently configured as a corporate office, this space has previously hosted specialty retail (currently occupying the ground level) and is part of a diverse mix of businesses, including medical and allied health practices. Many occupiers are owner-occupiers, contributing to the building's exceptional presentation and ensuring it is impeccably maintained.
The property's elevated corner position allows for abundant natural light throughout the floor, enhancing its character features, such as high ceilings, classic timber finishes, leadlight and frosted glass door panels, and a distinctive balustraded light-well.
Attributes are numerous and include:
• Spacious floorplate comprising of; reception and open plan collaborative work space, complimented by two (2) conference rooms and five (5) partially open offices (with high light windows allowing for additional light filtration)
• Large openable sash windows, with venetian blinds, situated along elevations fronting Hay St Mall and William St
• Exclusive amenities only accessible to Level 1
• Sizeable break out area/kitchen with an abundance of cabinetry
• Reverse cycle ducted air-conditioning with multiple control panels and zoning use , allowing for cost effective utilisation and efficient temperature control
• High quality commercial grade floor coverings
• Server rack, data cabling and phone system in place
• Secure elevator access with intercom and CCTV monitoring
• Alarm and intercom/CCTV panel
The property benefits from exclusive and dedicated under awning, street level signage panels - fronting William St & Hay St Mall, a rarity for occupiers of multi level CBD buildings, which generally have very little or no signage opportunities.
Further, the property enjoys excellent and immediate proximity to numerous public carparks, major transport networks (Perth Bus and Rail Stations) and unrivalled local amenity.
Annual Outgoings are as follows (2024/2025)
Strata Levies: $19,600 + GST (billed quarterly as $4,900 + GST)
Lift Levy: $1,722.22 + GST (billed in one invoice)
Council Rates: $4,359
Water Corp: $1,248
(All amounts are subject to change)
Properties of this calibre, particularly within the Perth CBD, are rarely available. Prospective buyers are invited to contact the joint exclusive agents for further information on this unique opportunity.
This commercial property at Level 1/731 Hay Street, Perth is listed for sale by Jason Stanley at Northbridge Sales and Leasing Pty Ltd.
It has been described by the agent as ‘Outstanding CBD Art Deco Office/Retail Opportunity’.
If you would like to get in touch with Jason Stanley regarding Level 1/731 Hay Street, Perth, please call 0412 900 971 or contact the agent via email.