Striking Gold in the Heart of Perth's CBD
As if finding property in the heart of Perth's CBD isn't already rare enough, discovering there's one available within walking distance of the Swan River is practically unheard of - until now.
With the growing number of Perth's CBD on your doorstep, this prime 1002sqm block includes an existing building and is ripe for development. Located at the East Perth end of Hay Street, and surrounded by apartment blocks, cafes, restaurants and specialty food stores, an apartment or office complex will fit right in with the surrounding buildings.
Situated diagonally opposite the Perth Mint and next door to Cambridge House, Langley Park is a leisurely stroll away. Some of Perth's iconic local landmarks include Elizabeth Quay perched on the river's edge, majestic King's Park hovering above the city, the magnificently restored State Buildings housing restaurants and the six-star COMO The Treasury hotel, and Brookfield Place teeming with eateries, bars and high-end boutiques across 120,000sqm of heritage architecture. The shopping options are endless in the many malls and arcades, King Street, and major department stores. Stroll across Yagan Square into Northbridge for an outstanding array of cuisines, bars and cultural venues.
Perth is easily explored on foot or take the free Central Area Transit (CAT) bus service operating across the city. The city also features supermarkets, schools, parks, two train stations and a ferry service from Elizabeth Quay to Fremantle, South Perth and the Swan Valley.
This is a unique prospect for developers to add this rare property to their portfolio. The excellent exposure only adds to the appeal of this inner-city opportunity. Please don't hesitate to contact Vivien Yap on 0433 258 818 to discuss your options.
Property features:
1002sqm block with an existing building
Exciting development potential
East Perth end of Hay Street
Heart of Perth's CBD
Excellent exposure
Surrounded by offices, apartments, eateries and speciality stores
Walking distance to the Swan River, shops, cafes, public transport and attractions
Location (approx.distances):
210m to Mercedes College
500m to Langley Park & Swan River
1.3km to St George's Anglican Grammar School
1.4km to the Perth Train Station
1.5km to Elizabeth Quay
1.6km to Northbridge
2.2km to Optus Stadium
3.4km to Crown Entertainment Complex
3.5km to Kings Park
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 8,395 properties. Over the last 5 years, Houses in East Perth have seen a 47.95% increase in median value, while Units have seen a 53.67% increase. As at 31 December 2025:
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