119 Newcastle StreetPerth WA 6000
Property Details for 119 Newcastle St, Perth
Last Listing description (May 2021)
Colliers International is pleased to present for sale 119 Newcastle Street, Perth.
A superb two-level office building on the doorstep of the Perth CBD. The perfect opportunity for the owner occupier to acquire a significant freehold building with future redevelopment potential* in this tightly held city fringe location.
Location
Improvements
The property consists of a two level 476 sqm character office building and includes seven large individual offices, open plan office areas, reception, boardroom, large kitchen, and staff amenities on both levels plus archive and storage areas. There are 4 car bays located at the rear of the property. The perfect work environment for the growing organisation.
Tenancy Particulars
The property is leased with a current rent of $139,983 pa expiring on the 30th September 2021.
Please refer to the selling agent for further details.
Parking
4 onsite car bays
Land Details
Land area - 369 sqm
Frontage to Newcastle Street - 13.44m
Development Guidelines*
Plot ratio- 3.0:1 plus bonuses
Height limit- Maximum 40m
Asking Price
Offers Invited.
For further information or to arrange an inspection, please contact Shane Isaacs on 0434 659 911
Property History for 119 Newcastle St, Perth, WA 6000
- 22 Feb 2021Listed for Sale Please contact agent
- 16 Feb 2008Listed for Rent $189,600 / year
Recent sales nearby
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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 12,101 properties. Over the last 5 years, Houses in Perth have seen a 55.65% increase in median value, while Units have seen a 60.09% increase. As at 31 March 2026:
- The median value for Houses in Perth is $1,386,298 while the median value for Units is $697,298.
- Houses have a median rent of $855 while Units have a median rent of $750.
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