SOLD
Sold on 18 Dec 2023 for $1,600,000

143 Barrack Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 119m2
Land area: 120m2
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Ray White Commercial (WA) Perth
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Property Details for 143 Barrack St, Perth

Building Type
Commercial
Floor Size
119m2
Land Size
120m2
Local Government
Perth
Lot/Plan
8/P000452

Last Listing description (March 2024)

NOW SOLD - more wanted!RWC presents 143 Barrack Street, Perth for sale as a meticulously restored heritage gem within the heart of Perth's CBD.This property is substantially leased and generating a gross income of $85,500pa plus GST and additional income is derivable from surplus vacant areas, market review reversions and astute lease strategy. Alternatively, future owner occupation is possible upon the expiry of existing leases.This captivating heritage building has been lovingly revitalized, offering an exceptional blend of old-world charm and modern functionality.The property features:- Building area of 290sqm* plus basement (est. 75sqm*) - Freehold land area of 119sqm* with side and rear lane ways- Retail & food & office tenancies - $85,500pa* plus GST partial lease income - 80m from Perth Train Station- Abundant natural light- Charming ambiance- Modern amenities- High ceilings- Strategic locationWhether you're envisioning a retail haven, a productive office hub, or a delightful cafe escape, these spaces offer functional potential within the historic 'Phineas Seelingson's Loan Office' building. Experience the perfect blend of timeless allure and modern functionality for your business venture.For further information or to arrange an inspection please contact the Agents:Stephen HarrisonRWC (WA)M: 0421 622 777E: stephen.harrison@raywhite.comMichael MilneRWC (WA)M: 0403 466 603E: Michael.milne@raywhite.com*Approximately

Property History for 143 Barrack St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,600,000
18 Dec 2023
Listed for Rent
07 Sep 2021
  • 18 Dec 2023
    Sold for $1,600,000
  • 09 Aug 2023
    Listed for Sale Expressions of Interest
  • 18 Jun 2020
    Listed for Rent - Price not available
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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 11,664 properties. Over the last 5 years, Houses in Perth have seen a 33.11% increase in median value, while Units have seen a 45.23% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $1,023,675 while the median value for Units is $548,965.
  • Houses have a median rent of $700 while Units have a median rent of $655.
There are currently 164 properties listed for sale, and 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 822 properties were sold in the past 12 months in Perth.

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