**Now Selling - 234 Pier Street, Perth

234 Pier Street, Perth, WA 6000

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Location Description

This two storey warehouse converted office building is located in Perth’s thriving inner city fringe, adjacent to WorkZone and the proposed World Trade Centre.

Property Description

Fringe CBD Investment / Development Opportunity

Lease Equity as exclusive Selling Agents are pleased to offer 234 Pier Street, Perth for sale by Offers to Purchase.

The property is partly leased providing accommodation for a Data Centre & an Education and Training Facility. Approximately 520sqm is vacant providing a fully fitted and furnished high quality architecturally designed two level office tenancy.

The property provides an ideal opportunity for an owner occupier seeking an investment with redevelopment potential or an astute investor seeking to capitalise on the future growth of this precinct.

Property Highlights:

  • Highly sought after fringe CBD location
  • Building Lettable Areas of 1,390sqm* plus 10 car bays
  • Multi tenanted with the opportunity to Lease or Owner Occupy 520sqm vacant office
  • Current Passing Income: $136,000 p.a. net + GST
  • Potential Fully Let Income: $299,300 p.a. net + GST
  • Zoned 'City Centre' under the City of Perth TPS No. 2 Precinct 3 "Stirling"
  • Redevelopment potential with a 4:1 plot ratio
  • Surrounded by some of Perth's most significant developments

Asking Price
$5,695,000 (GST - Going Concern Method)

For further information or to arrange an inspection, please contact Luke Pavlos of Lease Equity on 0420 880 880.

*Approx

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Property

**Now Selling - 234 Pier Street, Perth

Fringe CBD Investment / Development Opportunity
Fringe CBD Investment / Development Opportunity Lease Equity as exclusive Selling Agents are pleased…
Property Type: Office
Floor Area: 1,390sqm (Approx.)

Interested in this Property? Speak to one of our
property specialists today.
Call us on (+618) 9426 1777

Listing Summary

Listing Type

Sale

Property Type

Office

Area

1,390sqm (Approx.)

Car Bays

10 Car Bays

Availability

Immediately

Interested in this Property? Speak to one of our property specialists today.
Call us on (+618) 9426 1777