553-561 Wellington Street,
Perth, WA 6000
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Cygnet West
Level 26, 197 St Georges TerracePERTH, WA 6000
08 6375 60...
553-561 Wellington Street
Perth, WA 6000
Map of 553-561 Wellington Street
Iconic Perth Building
- CBD Corner Building
- Existing Backpacker Business
- Redevelopment Opportunity
Colliers International is pleased to present to the market 553-561 Wellington Street (Corner Queen St), Perth for Sale or Lease.
The property is right in the heart of the Wellington Street precinct which is currently undergoing numerous project redevelopments including Yagan and King Square, Raine Square, Peppers Hotel and the Forrest Chase upgrade.
Currently used as a backpackers, the property is set out in a dormitory format including 1, 3, 4, 5, 6, 12 and 14 bed rooms, cinema, games room, kitchen, pool, toilets, showers and alfresco dining area.
With a site area of 688sqm, ‘City Centre’ zoning and plot ratio of up to 6:1 (STCA**), the building is primed for a redevelopment.
The property is available for sale, for lease as a whole building, and for lease in sections.
Contact Tim Scott today for more details or to arrange an inspection.
**Subject to Council Approval
The property is right in the heart of the Wellington Street precinct which is currently undergoing numerous project redevelopments including Yagan and King Square, Raine Square, Peppers Hotel and the Forrest Chase upgrade.
Currently used as a backpackers, the property is set out in a dormitory format including 1, 3, 4, 5, 6, 12 and 14 bed rooms, cinema, games room, kitchen, pool, toilets, showers and alfresco dining area.
With a site area of 688sqm, ‘City Centre’ zoning and plot ratio of up to 6:1 (STCA**), the building is primed for a redevelopment.
The property is available for sale, for lease as a whole building, and for lease in sections.
Contact Tim Scott today for more details or to arrange an inspection.
**Subject to Council Approval
Property ID: 502783626Last Updated: 25 Jan 2021
Cygnet WestLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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