1050 Hay St 23,594 SF 100% Leased Office Building WEST PERTH, WA 6005 For Sale

Presenting an exceptional landmark investment opportunity at 1050 Hay Street, West Perth. Offered for the first time in over three decades, this prominent office building delivers strong current income alongside future redevelopment potential in a premier location adjacent to Parliament House and overlooking Perth’s CBD.
The asset comprises approximately 2,192 sqm of building area across four split-level floors, with efficient floorplates and abundant natural light accentuated by reflective wrap-around glazing. The property occupies a strategic 1,696 sqm corner site, providing dual access and impressive visibility suitable for corporate branding. Recent capital upgrades include a new HVAC system, roof-mounted solar, and high-quality finishes throughout, ensuring operational efficiency for occupiers.
Secure long-term income is derived from four full-floor tenancies, featuring professional fit outs largely owned by the landlord. Added value comes from significant parking infrastructure, with 55 bays enhancing convenience for tenants and visitors. Direct connectivity to Perth’s freeway network and major arterial routes is complemented by nearby rail and public transport options, positioning the building well for future growth under the city’s high-density planning framework. This offering represents a rare opportunity for investors seeking dependable income and long-term value, owner-occupiers planning expansion, or developers targeting prime redevelopment potential with panoramic city and Swan River views.