FOR SALE
$580,000 (plus GST if applicable)

12/524 Hay Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 163m2
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A Legal Haven

RWC WA presents an opportunity to secure a strata office in the heart of the Perth Courts Precinct.
The property comprises a niche strata office located in the epicentre of the Perth courts district. The property is currently split into two tenancies and is offered as vacant possession.
The office spans 163sqm* and is situated on the fourth floor of a well maintained, seven storey office building. It benefits from the convenience of being within walking distance to both the Perth District Court and the Perth Magistrates Court.
Available with vacant possession, this prime Hay Street property offers a unique opportunity for owner-occupiers or investors. Positioned in a location highly sought after by law firms, lawyers, and barristers, the space is ideal for those looking to establish a presence in this prestigious area or lease the premises for immediate return on investment.
Property features include:
• Lettable area 163sqm*
• Fourth floor office
• Highly sought after legal precinct
• Walking distance to Perth District Court and Perth Magistrates Court
• Shared amenities including a squash court
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Property Details for 12/524 Hay St, Perth

Building Type
Commercial
Floor Size
163m2

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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,723 properties. Over the last 5 years, Houses in Perth have seen a 41.73% increase in median value, while Units have seen a 35.74% increase. As at 31 July 2024:

  • The median value for Houses in Perth is $1,040,405 while the median value for Units is $512,141.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 156 properties listed for sale, and 70 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 809 properties were sold in the past 12 months in Perth.

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Daniel Abisedon
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