20 Brown Street, East Perth, WA 6004 | Commercial for sale | OnTheHouse
 
FOR SALE
Offers Invited Closing 2pm AWST 28th August 2025

20 Brown Street
East Perth WA 6004

Bedrooms: -
Bathrooms: -
Car spaces: 21
Floor area: 1144m2
Land area: 2045m2
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Strategic Landholding with Secure Government Lease and Future Development Upside

Sterling Property as Exclusive Selling Agents are pleased to offer 20 Brown Street, East Perth For Sale by Offers Invited, closing 2pm (AWST) Thursday 28th August 2025 (unless sold prior).
This strategic investment opportunity is underpinned by a secure long-term lease to the North Metropolitan Health Service (State Government of Western Australia) and offers significant future development potential.
Located in the heart of the East Perth regeneration precinct, the property combines income security with a strategic, land-rich holding. It benefits from direct proximity to Optus Stadium, major transport links, Claisebrook Village, and the future East Perth Power Station redevelopment—positioning it as a highly compelling investment with long-term upside.
The Opportunity:
- Rare landholding in tightly held East Perth waterfront location
- Ideal for investors or land-bankers seeking future redevelopment upside
- Leased to North Metropolitan Health Service (State Government of Western Australia)
- Secure income through to 30 November 2027 + 2 x 5-year options
- 2,045sqm Large Inner-City Site with Flexible Development Potential*
- Strategic location with walkable amenity and connectivity to rail, stadium, and waterfront
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Property Details for 20 Brown St, East Perth

Building Type
Commercial
Floor Size
1144m2
Land Size
2045m2
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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. There are 21 parks, covering nearly 33.5% of the total area. The population of East Perth in 2016 was 10596 people. By 2021 the population was 11681 showing a population growth of 10.2% in the area during that time. The predominant age group in East Perth is 30-39 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation.In 2021, 36.40% of the homes in East Perth were owner-occupied compared with 37.60% in 2016.

East Perth has 8,423 properties. Over the last 5 years, Houses in East Perth have seen a 26.09% increase in median value, while Units have seen a 54.06% increase. As at 31 July 2026:

  • The median value for Houses in East Perth is $1,520,910 while the median value for Units is $756,759.
  • Houses have a median rent of $1,100 while Units have a median rent of $750.
There are currently 128 properties listed for sale, and 61 properties listed for rent in East perth on OnTheHouse. According to Cotality's data, 548 properties were sold in the past 12 months in East perth.

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Brian Neo
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