MULTIPLE "VALUE ADD OPPORTUNITIES - WHOLE BUILDING - PRICED TO SELL!
agency logo

169 Hay Street, East Perth WA 6004

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

OfficeSize: n/a
Block size: 1832 m² approx.
4,446m2 of NLA Building Area over 7 levels, with floorplates ranging from 555m2 - 1,460m2 with excellent natural light!
Recent capital works were completed in 2020 including upgrades to the façade, installation of end of trip facilities, upgrade of the lifts and air conditioning plant.

+ 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
+ Already had Significant Capital Works completed
+ Potential for Reposition to residential apartments, hotel or short stay
+ 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

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

Inspections

No open inspections scheduled.

Send an enquiry

Contact Adam Smith to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Office
Block Size:
1832 *

Other Details

Lot:
20
Legal description:
D046854/20
Altegra Property Group

Maps and area information

Block information
Block size: 1832 (approx)
Legal description: D046854/20
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See East Perth's suburb profile

East Perth suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
11,681
Listing ID: 182406167. This listing has been viewed 0 times. It was first displayed on 27/03/2024 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.