14 & 15/524 Hay Street, Perth, WA 6000 | Commercial for sale | OnTheHouse
FOR SALE
$2,990,000 (GST Free)

14 & 15/524 Hay Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 528m2
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Rock Solid Investment - 8.7% Yield - Asking Price of only $2.99 million and it's all very Legal

Unit 14 & 15, 524 Hay Street Perth is a beautifully appointed office leased to one of Australia's largest legal firms in the very heart of Perth's legal quarter.
Strategically located in the heart of Perth's legal quarter with close proximity to the Supreme Court of WA , the Federal Courts, District Courts and the Magistrates Courts as well as the Treasury precinct and Perth Library, the property comprises of 528sqm of strata floor with a beautiful office fit out.
Key attributes include:
• Level 5 with two strata units giving future flexibility
• Location on the northern side of Hay Street
• Surrounded by Supreme Court, Federal Court, District Court and Magistrate Court
• Fully leased with net Passing Income $260,141 pa*
• Net Return of 8.7%
Asking Price: $2,990,000 (GST Free)
For further information or to arrange an inspection, please contact the agents:
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Property Details for 14 & 15/524 Hay St, Perth

Building Type
Commercial
Floor Size
528m2
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,090 properties. Over the last 5 years, Houses in Perth have seen a 58.86% increase in median value, while Units have seen a 62.23% increase. As at 30 April 2026:

  • The median value for Houses in Perth is $1,441,634 while the median value for Units is $706,987.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 162 properties listed for sale, and 60 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 872 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Contact agent
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Brett Wilkins
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Luke Pavlos
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RWC WA
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.