Sterling Property are pleased to exclusively offer Lot 7, 71 Troy Terrace, Jolimont. Located on the upper level of a well-appointed, two-story commercial office building, this 193sqm office offers an exceptional opportunity for owner-occupiers or investors alike. The property benefits from a modern fitout comprising a small reception / waiting area, open plan area, partitioned offices, boardroom, kitchenette and WC facilities. It also includes five car parking bays with four undercover and one open bay plus ample street parking on Troy Terrace. This opportunity presents as a walk-in ready office with the bonus of being one of only eight units on a substantial land area providing potential for future development. The building also benefits from solar panels and sky lights. Located in the sought-after Jolimont area near Subiaco, 71-73 Troy Terrace also known as 589 Hay Street offers excellent connectivity to Perth's CBD, Western Suburbs and nearby amenities. Positioned just off Hay Street, this property benefits from convenient access to public transport, local cafes, and green spaces, making it an ideal choice for various businesses. Statutory Outgoings FY24/25:Council Rates - $5,217.68 pa Land Tax - $1,015.55 pa Water Rates - $2,801.60 pa Strata LeviesAdmin Levy - $4,480 pa Reserve Levy - $480 pa Asking Price:$905,000 (Going Concern)Legal Description:Lot 7 on Strata Plan 37260 Volume 2172 Folio 864Goods and Services Tax:The property will be sold as a Going ConcernFor further information on this opportunity, contact Sterling Property's Exclusive Selling Agent Jack Bradshaw.
The size of Jolimont is approximately 0.8 square kilometres. There are 10 parks, covering nearly 30.2% of the total area. The population of Jolimont in 2016 was 1402 people. By 2021 the population was 1479 showing a population growth of 5.5% in the area during that time. The predominant age group in Jolimont is 70-79 years. Households in Jolimont are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Jolimont work in a professional occupation.In 2021, 47.00% of the homes in Jolimont were owner-occupied compared with 46.30% in 2016.
Jolimont has 917 properties. Over the last 5 years, Houses in Jolimont have seen a 81.51% increase in median value, while Units have seen a 86.01% increase. As at 30 April 2026:
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