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Address available on request Perth, WA 6000

Address available on request,
Perth, WA 6000

Shops & Retail

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Sold

Range: $105,910,000 - $123,090,000

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David Jones, Hay Street Mall, Perth, WA - For Sale

- The David Jones & former Savoy Hotel, redeveloped in 2002, comprises a six level retail shopping complex, featuring a David Jones department store and six specialty tenancies, with a total GLA of 24,076sqm (approx.)

- Prime CBD site of 6,640sqm (approx.) with significant frontage in the epicentre of the bustling Murray Street and Hay Street Malls

- Highly secure income stream, anchored by a strongly performing David Jones department store, initial expiry 2032 (subject to tenant and landlord, put and call options being exercised) comprising 95% (approx.) of GLA and 75% (approx.) of total gross income

- Fully leased net income - $8,695,000 p.a. (approx.)

EXPRESSIONS OF INTEREST Closing Date: 12 Noon (AEDST), Thursday, 4 December 2008

For further information please contact:

Jones Lang LaSalle
Simon Rooney
Ph: 0418 284 680
Email: simon.rooney@ap.jll.com

Jones Lang LaSalle
Nigel Freshwater
Ph: 0417 197 3...
Email: nigel.freshwater@ap.jll.com

CB Richard Ellis
Steven Lerche
Ph: 0414 467 2...
Email: steven.lerche@cbre.com.au

CB Richard Ellis
Peter Agostino
Ph: 0412 940 219
Email: peter.agostino@cbre.com.au

Property ID: 5466651Last Updated: 26 Jun 2015

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