OFF MARKET

428 William Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 487m2
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Property Details for 428 William St, Perth

Building Type
Commercial
Floor Size
300m2
Land Size
487m2
Local Government
Vincent
Lot/Plan
8/D002231

Last Listing description (November 2017)

Ray White Commercial (WA) is pleased to present this tenanted retail investment for sale.
High exposure site on the corner of William Street and Robinson Avenue, with strong multilevel future development potential. Currently earning a strong income. This is an emerging and vibrant part of Perth.
Property features:

- 486sqm* corner site
- Building area 300sqm*
- New 5 + 5 + 5 year lease
- $138,000* p.a. net income
- 4%* annual increases
Expressions of Interest Closing 5:00pm (AWST) 27 Sep 2017
For further information or to arrange an inspection, please contact:
Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com
Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com
* approximate

Property History for 428 William St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$3,200,000
07 Sep 2017
  • 07 Sep 2017
    Sold for $3,200,000
  • 25 Aug 2017
    Listed for Sale Expressions of Interest
  • 24 Jun 2005
    Sold for $1,041,150
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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 11,658 properties. Over the last 5 years, Houses in Perth have seen a 31.76% increase in median value, while Units have seen a 44.24% increase. As at 30 September 2024:

  • The median value for Houses in Perth is $1,018,196 while the median value for Units is $548,283.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 162 properties listed for sale, and 74 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 810 properties were sold in the past 12 months in Perth.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.