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914 Hay St 18,934 SF 100% Leased Office Building PERTH, WA 6000 $3,184,280 ($168.18/SF)



Investment Highlights
- Three-level commercial asset with strong Hay Street exposure in Perth CBD’s west end.
- Zoned “Precinct 5 – Citiplace” under City of Perth Local Planning Scheme No. 2.
- Total building area of approx. 1,759 sqm* with prominent ground-floor retail and upper-level office.
Executive Summary
914 Hay Street presents a rare, fully vacant opportunity in one of Perth CBD’s most tightly held precincts, ideal for owner-occupiers, investors, or developers seeking a high-profile repositioning or redevelopment opportunity. With approximately 1,759 sqm* of building area across three levels and an 855 sqm* landholding, this property provides substantial flexibility for value-add strategies or immediate occupation.
The existing configuration comprises three Hay Street-facing retail tenancies on the ground floor, a rear ground-floor tenancy, basement storage (240 sqm*), and a first-floor partitioned office suite with lift access and exclusive amenities. The prominent frontage along Hay Street enhances signage and exposure to strong pedestrian and vehicular traffic flows.
Located within 500 m* of Perth Train Station and surrounded by leading retail, hospitality, and commercial businesses, the property benefits from significant amenity. Complemented by zoning parameters under the City of Perth Local Planning Scheme No. 2 and additional plot ratio potential of 1,691 sqm*, this site offers exceptional future development upside. Offered with vacant possession, this is a strategic acquisition in a truly connected CBD location.
The existing configuration comprises three Hay Street-facing retail tenancies on the ground floor, a rear ground-floor tenancy, basement storage (240 sqm*), and a first-floor partitioned office suite with lift access and exclusive amenities. The prominent frontage along Hay Street enhances signage and exposure to strong pedestrian and vehicular traffic flows.
Located within 500 m* of Perth Train Station and surrounded by leading retail, hospitality, and commercial businesses, the property benefits from significant amenity. Complemented by zoning parameters under the City of Perth Local Planning Scheme No. 2 and additional plot ratio potential of 1,691 sqm*, this site offers exceptional future development upside. Offered with vacant possession, this is a strategic acquisition in a truly connected CBD location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,934 SF
Building Class
C
Price
$3,184,280
Price Per SF
$168.18
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,308 SF
Building FAR
2.06
Lot Size
0.21 AC
Amenities
- Concierge
- Convenience Store
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914 Hay St
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