FOR SALE
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194/311 Hay Street
East Perth WA 6004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 150m2
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Long Term Tenancy and Good Rent Yield!!

Excellent shop for sale in East Perth. Invest in a prime location with the potential to increase your income. The shop can potentially be used as office, retail, coffee shop, bubble tea shop, etc. It is currently leased. The tenant separates the shop into two areas, a take-out food area at the front of the store and a cooking training area at the back. It is adaptable.
The location features a mix of apartments and local shops and is well served by public transport, including the free Red CAT bus service that runs past the building. The shop is located opposite The Perth Mint, there is a lot of foot traffic during normal times, which will give it great exposure. Plan now for the future to corner the market.
*Building size 150m²
*Two secure parking bays
*A take-out food area at the front of the store
*Cooking training area
*Three restrooms
*Stable business environment
Strata approx $ 2910 per quarter.
Water rate approx $ 3368 per year.
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Property Details for 194/311 Hay St, East Perth

Building Type
Commercial
Floor Size
150m2

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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.

East Perth has 8,398 properties.

    There are currently 106 properties listed for sale, and 65 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 640 properties were sold in the past 12 months in East perth.

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