71 Bennett StreetEast Perth WA 6004
Property Details for 71 Bennett St, East Perth
Last Listing description (September 2023)
Truly a golden opportunity! Worth the consideration!
A highly versatile 2-storey restaurant is capable of bringing high-level returns, situated at the combined residential and commercial zoning. It can play both roles of the hospitality business and home. But with its R160 development zone, developers can bring this property to the next level with the freedoms to even build a high-rise apartment at the prime location, just close-by to the swan river!
Situated at such a blue-chip location, full of exposure with nearby accesses to both Graham Farmer Freeway and Mitchell Freeway, it is geared well to dealing with the rush hours of the city with ample space for hospitality and a spacious and well-equipped kitchen.
And set at the heart of the Perth CBD, it is nearby to Wellington Square Park , Langley Park, Queens Gardens, and WACA (Western Australian Cricket Association). With distances to Matagarup Bridge access to Optus Stadium at walking distance for greater exposure.
Property features at a glance:
- Green Title
- Land Area: 369 SQM
- Building Area approximately: 400 SQM
- Combined Residential & Commercial Zoning
- Development Zoning: R160
- Double Storey Premise
- Included Toilet and Shower on Second Floor
- Fully Equipped Kitchen
Act ASAP! And contact Lian Nurliansyah: 0480 257 201 or email lian@strattonrealty.com.au for further enquiries and available viewings.
Property History for 71 Bennett St, East Perth, WA 6004
- 07 Aug 2023Sold for $1,600,000
- 22 Jun 2023Listed for Sale Contact Agents
- 12 Mar 2021Listed for Rent $250 / year
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About East Perth 6004
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 8,401 properties. Over the last 5 years, Houses in East Perth have seen a 40.10% increase in median value, while Units have seen a 56.76% increase. As at 30 April 2026:
- The median value for Houses in East Perth is $1,519,786 while the median value for Units is $768,230.
- Houses have a median rent of $1,050 while Units have a median rent of $750.
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