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Altegra Property Group - Perth

169 Hay Street East Perth, WA 6004

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169 Hay Street,
East Perth, WA 6004

Offices • Medical & Consulting • Development Sites & Land

Price information

Sale

Offers over $10,000,000 + GST (if applicable)

Key property information

Land area

Floor area

Car spaces

Parking info

Private inspections

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Altegra Property Group - Perth
Adam Smith

Altegra Property Group - Perth

Level 7, 12 St George's Terrace
PERTH, WA 6000
Altegra Property Group - Perth
169 Hay Street
East Perth, WA 6004

Map of 169 Hay Street

Directions
  • Train stations within 5 km of 169 Hay Street, East Perth, WA 6004Distance
    McIver Station1.1 km
    Claisebrook Station1.1 km
    Perth station1.6 km
    Perth Underground Station1.7 km
    East Perth Stn East Perth 11.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 169 Hay Street, East Perth, WA 6004Distance
    Hay St After Plain St82 m
    Adelaide Tce After Plain St113 m
    Hay St Before Bennett St121 m
    Plain St After Hay St126 m
    Adelaide Tce Before Bennett St260 m
    POWERED BY HERE ©
POWERED BY HERE ©

CITY OFFICE BUILDING - WELL BELOW REPLACEMENT VALUE!

  • OWNER OCCUPIER OPPORTUNITY FOR 2,985m2!
  • DEVELOPMENT & INVESTMENT UPSIDE!
  • OCCUPY, REPOSITION, REFURBISH, DEVELOP!
4,446m2 of NLA Building Area over 7 levels, with floorplates ranging from 555m2 to 1,460m2 with excellent natural light!
Recent capital works were completed including upgrades to the façade, installation of end of trip facilities, upgrade of the lifts and air conditioning plant.
Opportunity for investors to re-position, lease and add significant value.

+ 1,832m2 Total Land Area
+ 32 onsite Secure undercover car-bays
+ End Of Trip Facilties
+ Owner Occupier opportunity for 2,985sqm* over Levels 2 - 6
+ 32.8% Leased to Radio 6PR & Radio 96FM
+ Capital Works completed recently
+ 0 star NABERS Energy Rating

Total Land Area
1,832sqm*

Planning & Development:
The subject property is zoned "Office/Residential' under City of Perth Town Planning Scheme No. 2.
Based upon the Plot Ratio allowance the site could potentially be developed with an additional 2,882sqm* of floor area in line with the maximum 4.0:1 Plot Ratio allowance (subject to City of Perth approvals).

Clause 28 of the City of Perth's City Planning Scheme No 2 provides scope for the Council to increase plot ratio by up to 50% from the specific maximum Plot Ratio as part of a planning application and approval. A High Quality Hotel could qualify for a maximum 40% Bonus Plot Ratio.

Location:
The building is situated in the convenient and leafy eastern Hay Street precinct surrounded by offices, hotels and short stay accommodation as well as hospitality and retail outlets.
The property has excellent public transport links and easy access to the Graham Farmer Freeway providing road access to Perth CBD, Great Eastern Highway and the Airport as well as to the freeways North and South via the Northbridge Tunnel.

+ 500m* from WACA
+ 750m* from Swan River
+ 1.4km* from Perth CBD
+ 1.8km* from Optus Stadium
+ 2.0km* from Northbridge
+ 2.1km from Elizabeth Quay
+ 2.3km from future ECU City Campus
+ 10.7km* from Perth International/Domestic Airport

Asking Price:
Offers over $10,000,000 + GST (if applicable)

Goods and Services Tax:
The Sellers are registered for GST and the property is sold on a plus GST basis

For further details please contact the Selling Agents

*Approx

Property ID: 504415420Last Updated: 12 Sep 2024

Altegra Property Group - Perth
Level 7, 12 St George's Terrace
PERTH, WA 6000
Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000

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