RWC WA is please to offer for sale 11 East Parade, East Perth. This two-level commercial building occupies a commanding position on Perth CBD fringe, situated at the intersection of Kensington Street and East Parade. The location benefits from exceptional exposure and is only 300 metres from the Graham Farmer Freeway providing direct access to major arterial roads servicing the whole of the Perth Metropolitan area. The location is well serviced with a eclectic mix of cafes and restaurants nearby, in addition to HBF and Optus Stadium and is in close proximity to public transport services. The opportunity:- Two level freehold commercial building- Building area of 953.2sqm* comprising of 442.2sqm* to the ground level and 511sqm* to level one- Land area: 1,183sqm*- 16 open car bays- Dual frontage with prominent exposure to Kensington and East Parade- Good quality improvements providing flexibility for a variety of uses- Vacant Possession Available- Zoning allows development of 2:1 (2,366sqm*) over 4 levels- Opportunity to reposition the asset and/or improve income stream for the medium termFor further information or to arrange an inspection please contact:Luke PavlosRWC WA0408 823 823 luke.pavlos@raywhite.comBrett WilkinsRWC WA0478 611 168brett.wilkins@raywhite.com*Approximately
The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of 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 8,400 properties. Over the last 5 years, Houses in East Perth have seen a 50.32% increase in median value, while Units have seen a 51.98% increase. As at 31 January 2026:
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