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East Perth, 272 & 274 Hay Street


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Contact Details

Chris Farris
Mobile: 0413 945 667
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Price Upon Application

Land Size : 1348 m2
Type : Retail

TWO PROPERTIES AND TWO BUSINESSES SELLING AS ONE PACKAGE

272 and 274 HAY STREET, EAST PERTH
THE OFFER 2 PROPERTIES AND 2 BUSINESSES SELLING AS ONE PACKAGE!!

- Wonderful land holding Green Titles
- Two Independent Buildings
- Walk in Walk out businesses plus stock
- Ideal for family investment and/or income source
- First time offered
Land Area 1,348sqm
Buildings 1 x 2 storey and 1 x single storey
Total Building Area 950sqm approx
Hay Street frontage total 25.59 metres
Depth 52.66 metres
Side and
272 and 274 HAY STREET, EAST PERTH
THE OFFER 2 PROPERTIES AND 2 BUSINESSES SELLING AS ONE PACKAGE!!

- Wonderful land holding Green Titles
- Two Independent Buildings
- Walk in Walk out businesses plus stock
- Ideal for family investment and/or income source
- First time offered
Land Area 1,348sqm
Buildings 1 x 2 storey and 1 x single storey
Total Building Area 950sqm approx
Hay Street frontage total 25.59 metres
Depth 52.66 metres
Side and rear right of ways (please note not inside the properties)
Two lots together with outstanding access

BUSINESS NO. 1
Golden Treasure Chinese Restaurant. Family run by the Sellers an excellent income opportunity in the CBD surrounded by apartment towers trades daily.

BUSINESS NO. 2
Golden Hay Supermarket. Family run by the Sellers. Trading 20 years the only one of it's type in the vicinity and well customed. This is simply an opportunity to gain a well established CBD business (full details on the businesses are part of Due Diligence)

ZONING
Governed by The City of Perth and is zoned Town Centre under City Planning Scheme No.2. The property is situated within the Goderich Precinct. Please see attached basic information on this zoning. We strongly urge any prospective purchaser to contact the City of Perth to discuss your interest in the zoning and further uses. It is important to note 286 Hay Street, East Perth was D.A. approved for a 18 storey hotel. The current uses are approved by in our opinion not the highest and best use of the central city properties.

GENERAL
It is extremely rare to be able to offer a CBD opportunity with four components to the deal.

272 Hay Street, East Perth
- Green Title Lot 673 sqm
- Buildingapproximately 400 sqm
- BusinessGolden Treasure Chinese Restaurant

274 Hay Street, East Perth
- Green Title Lot 675 sqm
- Building approximately 550 sqm
- Business Golden Hay Supermarket

This type of offer is a great opportunity for a family wanting an investment in the Perth CBD and the ability to take over two established businesses and great income.
These properties are on Perth's most recognised arterial road and strip shopping precinctHay Street.
Suitable as a long term hold for any investor/developer there is a heavy residential component already in this central area and will only get stronger as the WA economy continues to gain strength.

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