Iconic Perth Building

553-561 Wellington Street, Perth, Western Australia 6000

Retail For Sale or Lease

For Sale
Land Area: 688.00 m2.    Floor Area: 688.00 m2.    

For Lease
Land Area: 688.00 m2.    Floor Area: 688.00 m2.    

Description

Colliers International is pleased to present to the market 553-561 Wellington Street (Corner Queen St), Perth for Sale or Lease.

The property is right in the heart of the Wellington Street precinct which is currently undergoing numerous project redevelopments including Yagan and King Square, Raine Square, Peppers Hotel and the Forrest Chase upgrade.

Currently used as a backpackers, the property is set out in a dormitory format including 1, 3, 4, 5, 6, 12 and 14 bed rooms, cinema, games room, kitchen, pool, toilets, showers and alfresco dining area.

With a site area of 688sqm, ‘City Centre’ zoning and plot ratio of up to 6:1 (STCA), the building is primed for a redevelopment.

The property is available for sale, for lease as a whole building, and for lease in sections.

Contact Tim Scott or Ben Tana today for more details or to arrange an inspection.

Features

  • CBD Corner Building
  • Existing Backpacker Business
  • Redevelopment Opportunity

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